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Gensol Engineering is currently trading at its upper circuit limit of Rs. 98.50, up by 16.40 points or 19.98% from its previous closing of Rs. 82.10 on the BSE.

The scrip opened at Rs. 98.50 and has touched a high and low of Rs. 98.50 and Rs. 89.00 respectively. So far 100016 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 102.90 on 20-Oct-2021 and a 52 week low of Rs. 45.00 on 22-Jun-2021.

Last one week high and low of the scrip stood at Rs. 98.50 and Rs. 59.00 respectively. The current market cap of the company is Rs. 107.73 crore.

The promoters holding in the company stood at 70.86% and Non-Institutions held 29.14%.

Gensol Engineering has secured orders from reputed clients for the development of solar power projects aggregating to a capacity of around 10.7 MWp in the states of Gujarat, Karnataka and Madhya Pradesh. The cumulative price of these projects is pegged at over Rs 22.50 crore exclusive of taxes.

While most of the projects are for captive use of the clients, one of the projects is for third-party sale in the state of Gujarat. All these projects are slated for commissioning before March 31, 2022. As of December 29 2021, the cumulative order book stands at more than Rs 131.00 crore.

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.