Gensol Engineering shines on getting NoA for Rs 463 crore Solar plant at Gujarat
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Gensol Engineering is currently trading at Rs. 987.85, up by 22.90 points or 2.37% from its previous closing of Rs. 964.95 on the BSE.
The scrip opened at Rs. 1007.00 and has touched a high and low of Rs. 1007.00 and Rs. 981.00 respectively. So far 7543 shares were traded on the counter.
The BSE group 'B' 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. 510.12 on 28-Jul-2023.
Last one week high and low of the scrip stood at Rs. 1007.00 and Rs. 922.00 respectively. The current market cap of the company is Rs. 3654.55 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 has received Notification of Award (NoA) for the Engineering, Design, Procurement, Erection, Testing & Commissioning for Rs 463 crore Solar plant at Khavda RE Power Park, Rann of Kutch, Gujarat. The Rs 463 crore project will be state of the art with fixed tilt module mounting structure along with remaining balance of system. This win demonstrates the trust in leadership of Gensol’s project management capabilities and execution expertise.
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.
