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Gensol Engineering is currently trading at Rs. 932.00, up by 23.10 points or 2.54% from its previous closing of Rs. 908.90 on the BSE.

The scrip opened at Rs. 933.95 and has touched a high and low of Rs. 935.20 and Rs. 921.90 respectively. So far 8854 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1377.10 on 20-Feb-2024 and a 52 week low of Rs. 596.60 on 12-Sep-2023.

Last one week high and low of the scrip stood at Rs. 960.00 and Rs. 902.95 respectively. The current market cap of the company is Rs. 3519.72 crore.

The promoters holding in the company stood at 62.77%, while Institutions and Non-Institutions held 1.98% and 35.25% respectively.

Gensol Engineering and Matrix Gas & Renewables have won the project to setup India’s first Green Hydrogen Valley project in Pune. Gensol - Matrix will set up Green Hydrogen production plant on Build Own and Operate (BOO) basis to supply Green Hydrogen to Specialty Chemical sector with the firm offtake for 20 years. This Green Hydrogen valley is being facilitated by National Chemicals Laboratories (NCL), Pune in Kurkumbh region.  

Gensol & Matrix are both companies promoted by common promoters and will continue to collaborate in the Green Hydrogen and its derivates including Green Steel and Green Ammonia domain taking benefit of the skill sets of each entity.

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.