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Gensol Engineering is locked its upper circuit limit of Rs. 1791.95, up by 85.30 points or 5.00% from its previous closing of Rs. 1706.65 on the BSE.

The scrip opened at Rs. 1760.00 and has touched a high and low of Rs. 1791.95 and Rs. 1726.80 respectively. So far 23408 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,791.95 on 29-Aug-2022 and a 52 week low of Rs. 53.66 on 30-Aug-2021.

Last one week high and low of the scrip stood at Rs. 1791.95 and Rs. 1350.05 respectively. The current market cap of the company is Rs. 1959.84 crore.

The promoters holding in the company stood at 71.34%, while Non-Institutions held 28.66%.

Gensol Engineering has in the month of August 2022 in normal course of business, received purchase orders from its reputed clients for the development of solar power projects aggregating to a capacity of around 55.8 MWp in the states of J&K, Gujarat, Punjab, Rajasthan, Tamil Nadu, and Telangana.

Out of these seven deals closed by Gensol, five are based on full turn-key EPC model, while two are Balance of System (BoS) projects. Similarly, while four projects are to be erected over land, the other three will be raised over the rooftops of the factories of the clients. The total value of these projects is Rs 153,15 crore exclusive of taxes. Out of the seven projects, four clients have repeated their orders with Gensol, which is emblematic of the trust that the company has built with its clients through its delivery of high-quality solar assets.

Gensol Engineering is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.