Gensol Engineering is currently trading at Rs 738.45, up by 24.95 points or 3.50% from its previous closing of Rs 713.50 on the BSE.

The stock opened at Rs 735.00 and touched a high of Rs 751.45 and a low of Rs 731.00. So far, 7,493 shares have been traded.

The BSE group 'A' stock, with a face value of Rs 10, has recorded a 52-week high of Rs 1,377.10 on 20-Feb-2024 and a 52-week low of Rs 634.45 on 28-Jan-2025. In the last week, the stock hit a high of Rs 776.20 and a low of Rs 708.55. The company's current market capitalization stands at Rs 2,807.05 crore.

Promoters hold 62.65% of the company, while institutions and non-institutions hold 2.00% and 35.34%, respectively.

Gensol Engineering has strengthened its position in India's energy transition by securing a major EPC contract. The company has been awarded a contract by a renowned public sector enterprise for developing a 245 MW Solar PV Project at the prestigious Khavda RE Power Park in Gujarat. The contract, valued at approximately Rs 967.98 crore (inclusive of GST), includes three years of comprehensive operations and maintenance services.

This marks Gensol's second major project at Khavda Solar Park in a short period, highlighting its strong market presence and execution capabilities. Earlier this month, the company secured another EPC contract worth Rs 1,062.97 crore for a 275 MW Solar PV Project, part of a larger 795 MW Solar PV development package at the same location. With these two key projects, Gensol will be responsible for developing a cumulative 520 MW of solar capacity at Khavda, which is set to become the world's largest hybrid renewable energy park.

Gensol Engineering provides technical due diligence, detailed engineering, quality control, construction supervision, and consulting services for solar projects across multiple countries, including India.