Gensol Engineering Share Price Soars by 4.3% on Monday 📈
💡 Gensol Engineering Limited saw its share price rise by 4.3% on Monday. The company’s shares reached an intraday high of ₹1,007. This rally is backed by a significant order, as the company has been awarded a ₹463 crore order to install a solar energy plant in the Khavara RAE Power Park in Gujarat.
🔧 The company stated that it has been contracted for the engineering, design, procurement, installation, testing, and commissioning of the solar project in Khavara RAE Power Park, located in the Rann of Kutch in Gujarat.
📉 However, on Wednesday (31 July 2024), the share price was trading at ₹1,008 with a 1.44% decline. Despite this, Gensol Engineering’s shares have delivered a multi-bagger return of 215% in the past two years and an impressive 5300% return in three years.
📊 The company’s market cap is over ₹3,700 crore, and its 52-week high is ₹1,377.10, while the 52-week low is ₹510.12. Established in 2012, Gensol Engineering Limited is a leading player in the renewable energy sector, specializing in solar energy engineering, procurement, and construction services, as well as expertise in electric transportation solutions.
ℹ️ Stay tuned for more updates on Gensol Engineering’s share price performance and upcoming projects!
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