Gensol Engineering’s stock is currently priced at Rs. 763.95, marking a gain of 34.25 points or 4.69% over its last close of Rs. 729.70 on the BSE.

The stock opened at Rs. 750.05 and has reached an intraday high of Rs. 782.20, with a low of Rs. 750.05. A total of 26,673 shares have been traded on the counter so far.

This BSE group 'A' stock, with a face value of Rs. 10, achieved its 52-week high of Rs. 1377.10 on February 20, 2024, and its 52-week low of Rs. 710.00 on January 13, 2025. Over the past week, the scrip’s high and low were Rs. 782.20 and Rs. 710.00, respectively. The company's current market capitalization stands at Rs. 2901.30 crore.

In terms of shareholding, promoters hold 62.58%, while Institutions and Non-Institutions own 2.30% and 35.12%, respectively.

Strategic Partnership Details:
Gensol Engineering has formed a strategic alliance with Refex Green Mobility (Refex eVeelz) for transferring 2,997 electric four-wheelers (e4Ws). This partnership aims to advance sustainable mobility in India.

As part of the deal, Refex eVeelz will assume Gensol’s existing loan facility of approximately Rs. 315 crore, optimizing operations and facilitating the deployment of e4Ws in major cities like Chennai, Bengaluru, Hyderabad, Mumbai, and Pune, where Refex eVeelz already operates.

Following this, Refex eVeelz plans to lease the 2,997 e4Ws to Blu-Smart Mobility, a prominent electric mobility provider, ensuring continued expansion in the sector, particularly in Delhi NCR and Bengaluru.

About Gensol Engineering:
The company specializes in offering technical due diligence, engineering design, quality control, construction supervision, and consulting services for solar energy projects across various nations, including India.