Gensol Engineering Limited (NSE:GENSOL)
India
· Delayed Price · Currency is INR | Market Cap | 2.55B |
| Revenue (ttm) | 12.75B |
| Net Income (ttm) | 864.60M |
| Shares Out | n/a |
| EPS (ttm) | 22.80 |
| PE Ratio | 2.95 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 127,301 |
| Average Volume | 327,247 |
| Open | 68.83 |
| Previous Close | 65.56 |
| Day's Range | 68.83 - 68.83 |
| 52-Week Range | 51.25 - 1,124.90 |
| Beta | n/a |
| RSI | 18.71 |
| Earnings Date | May 23, 2025 |
About Gensol Engineering
Gensol Engineering Limited engages in the provision of renewable energy solutions in India, the Middle East, and internationally. It operates through EPC, Lease, EV Manufacturing, and Others segments. The company offers architecture, engineering, and technical testing and consultancy activities. The company also provides solar EPC services, such as floating solar, rooftop solar, and ground mounted; engineering advisory services; solar operation and maintenance services; rents and leases motor vehicles, machinery, equipment, etc; offers energy s... [Read more]
Financial Performance
In 2023, Gensol Engineering's revenue was 9.63 billion, an increase of 142.00% compared to the previous year's 3.98 billion. Earnings were 595.50 million, an increase of 154.92%.
Financial StatementsNews
Gensol CFO Jabirmahendi Mohammedraza Aga resigns amid mounting crisis and regulatory heat
Gensol Engineering is in crisis. The CFO, Jabirmahendi Mohammedraza Aga, resigned. This follows the promoters' exit. Regulatory investigations are underway. SEBI barred Anmol Singh Jaggi and Puneet Si...
IREDA takes Gensol to insolvency court
IREDA has initiated insolvency proceedings against Gensol Engineering, citing a default of ₹510 crore. This action follows a SEBI investigation revealing that Gensol's promoters misused loan funds for...
IREDA Files Bankruptcy Proceeding Against Gensol Engineering
Indian Renewable Energy Development Agency (Ireda) on Wednesday said it filed a bankruptcy application against beleaguered Gensol Engineering before the National Company Law Tribunal.
IREDA files insolvency petition against Gensol Engineering over Rs 510 crore default
The Indian Renewable Energy Development Agency (IREDA) has initiated insolvency proceedings against Gensol Engineering Limited, filing an application under Section 7 of the Insolvency and Bankruptcy C...
Gensol Engineering share price crashes 93% in 2025: From ₹800 to ₹51 amid SEBI fraud probe and promoter resignations
Shares of Gensol Engineering Ltd continued their freefall on Tuesday, May 13, hitting another 5% lower circuit at ₹51.25 in early trade. The stock has now plunged over 93% year-to-date, down from ₹772...
Gensol Engineering MD Anmol Jaggi and Whole-time Director Puneet Jaggi resign following SEBI interim order
Gensol Engineering Limited announced on Monday, May 12, 2025, that both Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi have tendered their resignations, citing complian...
Gensol Engineering crashes 56% in April; Are retail investors trapped?
Shares of Gensol Engineering Ltd plummeted nearly 56% in April, ending the month at Rs 77.29 amid severe regulatory and corporate governance concerns. The stock, which was locked in consecutive lower ...
Gensol Engineering shares fall 70% in 14 sessions; ED conducts raids in Gurgaon and Ahmedabad
Shares of Gensol Engineering Limited fell by 5.01% today to ₹81.36, continuing their downward trend for the 14th consecutive trading session. The stock hit the lower circuit once again amid ongoing re...
Gensol Engineering faces ED search and seizure operation at Ahmedabad and Gurgaon offices
Gensol Engineering Limited informed the stock exchanges that the Directorate of Enforcement (ED) conducted a search and seizure operation at its premises located in Ahmedabad and Gurgaon. The action, ...
Complaint Against Blusmart Founders' Firm For Alleged Document Fraud
Indian state-owned renewables lender filed a complaint with the Economic Offences Wing (EOW) against Gensol Engineering and begun an internal review over an alleged submission of falsified documents, ...
ED detains BluSmart's Puneet Jaggi
Puneet Jaggi, a promoter of Gensol Engineering, has been detained by the Enforcement Directorate. He will be questioned about alleged FEMA violations. The probe focuses on potential fund diversions fo...
ED raids Gensol office, co-founder Puneet Singh Jaggi detained
The Enforcement Directorate (ED) raided Gensol Engineering Ltd offices and detained co-promoter Puneet Singh Jaggi amid financial misconduct allegations. This action, triggered by a SEBI report, accus...
ICAI to review Gensol and BluSmart financial statements
ICAI will review Gensol Engineering and BluSmart Mobility's FY24 financial statements due to misconduct allegations. This decision follows SEBI's market ban on Gensol's promoters for fund siphoning. T...
BluSmart crisis: Investors tighten contracts
India-Business News: MUMBAI: Financial and corporate governance lapses at Gensol Engineering and its affiliate BluSmart have nudged investors to tighten the terms of inves.
ED likely to examine Gensol Engineering case under PMLA Act, says report; Stock down 43% in 9 days
Shares of Gensol Engineering Ltd were locked in the 5% lower circuit for the eighth consecutive session on April 22, slipping to ₹105.17 on the NSE. The stock has now plunged nearly 40% in just eight ...
Gensol Engineering under ED scanner over alleged links to Mahadev betting app scandal
The Enforcement Directorate is set to interrogate Gensol Engineering's promoters, Anmol and Puneet Singh Jaggi, amidst a probe into the Mahadev Book app's illegal betting and money laundering activiti...
Government to take action against Gensol after looking at Sebi order
India-Business News: NEW DELHI: Corporate Affairs Ministry (MCA) on Monday said it will take necessary action in the Gensol Engineering matter after examining Sebi's order.
Gensol Engineering shares hit lower circuit for eighth straight session – Check key reasons on why stock is down 40% in 8 days
Gensol Engineering’s stock continued its downward spiral, hitting the lower circuit for the eighth consecutive session on Monday, April 21, as investors reacted to a growing list of regulatory, operat...
PFC, IREDA may auction Gensol’s EV fleet leased to BluSmart amid rising default risks and SEBI action on promoters: Report
Public sector lenders Power Finance Corporation (PFC) and Indian Renewable Energy Development Agency (IREDA) are reportedly considering auctioning electric vehicles (EVs) financed for Gensol Engineeri...
'No manufacturing, misused funds': Sebi slams Gensol for misleading investors over governance lapses
Sebi's investigation uncovered alleged financial irregularities at Gensol Engineering, including no manufacturing activity at its EV plant despite grand announcements. The regulator found discrepancie...
When Ashneer Grover told BluSmart’s Anmol Jaggi: 'Tere saath mil kar...'
A handwritten note revealed Ashneer Grover's ambition to challenge Ola and Uber with Anmol Jaggi, founder of Gensol Engineering and BluSmart. Jaggi invested in Grover's startup, Third Unicorn, raising...
Gensol sees 2 more independent directors exit
Gensol Engineering faces further turmoil as two more independent directors, Harsh Singh and Kuljit Singh Popli, resign amidst allegations of fund misuse. This follows Arun Menon's resignation, who cit...
Wallet refunds will take up to 90 days: BluSmart
BluSmart, an electric cab aggregator, has extended its refund timeline for wallet balances to 90 days due to a temporary halt in ride bookings. This decision follows a Sebi probe into Gensol Engineeri...
Fund Diversion, Rs 42 Crore Luxury Flat: Why SEBI Cracked Down On Gensol
SEBI has barred Gensol Engineering promoters - Anmol Singh Jaggi and Puneet Singh Jaggi - from the securities market.
Arun Menon, Independent Director Of Gensol Engineering, Resigns
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immedia...