Gensol Engineering Limited (NSE:GENSOL)
India
· Delayed Price · Currency is INR | Market Cap | 3.50B |
| Revenue (ttm) | 12.75B |
| Net Income (ttm) | 864.60M |
| Shares Out | n/a |
| EPS (ttm) | 22.80 |
| PE Ratio | 4.05 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 56,025 |
| Average Volume | 487,550 |
| Open | 85.65 |
| Previous Close | 90.16 |
| Day's Range | 85.65 - 85.65 |
| 52-Week Range | 85.65 - 1,124.90 |
| Beta | n/a |
| RSI | 7.64 |
| 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
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...
Gensol Engineering Shares Hit Another Lower Circuit Limit After Sebi Ban
Shares of Gensol Engineering dropped 5 per cent on Thursday to hit the lower circuit limit after Sebi barred the firm and its promoters -- Anmol Singh Jaggi and Puneet Singh Jaggi -- from securities m...
'Victim of current scenario': Ashneer Grover defends Rs 1.5 crore Blusmart investment amid Sebi crackdown
Ashneer Grover, BharatPe's co-founder, claims to be a 'victim' after SEBI's action against Gensol Engineering and BluSmart's operational halt. Grover invested ₹1.5 crore in BluSmart and ₹25 lakh in Ma...
BluSmart halts cab bookings: How to take refund of money in your Blu wallet
BluSmart, the electric ride-hailing service, has suspended cab bookings in Delhi-NCR, Bengaluru, and Mumbai due to a SEBI investigation into its financial backer, Gensol Engineering, for alleged fund ...
BluSmart Begins Shutting Operations As Promoters Face SEBI Order: Report
Gensol Engineering promoters and brothers Anmol and Puneet Singh Jaggi resigned from their directorial roles.
Gensol Engineering hits another 5% lower circuit today, crashes over 35% in a week after SEBI’s damning interim order
Shares of Gensol Engineering Ltd continued their downward spiral, hitting another 5% lower circuit on Wednesday to trade at ₹116.54 on the NSE. The stock has now declined more than 35% over the last s...
8,500 e-vehicles, 5,800 charging stations and 10,000+ active drivers: How BluSmart affects daily commuting in Delhi-NCR, Mumbai and Bengaluru
BluSmart, the EV ride-hailing service, faced disruption. Users reported booking issues across Delhi-NCR, Mumbai, and Bengaluru. This followed Sebi's action against Gensol Engineering, BluSmart's promo...
SEBI crackdown: BluSmart cab users left stranded in Delhi-NCR, Bangalore and Mumbai
BluSmart, the electric car service operating in Delhi-NCR, Bangalore, and Mumbai, faced booking disruptions on Wednesday, leaving many passengers stranded. This comes as BluSmart's co-founder, Anmol S...
Where did EV funds go? Rs 43cr flat, Rs 26L golf sets...
Sebi's investigation reveals Gensol Engineering promoters, Anmol and Puneet Jaggi, diverted company funds for personal enrichment, including luxury purchases and stock manipulation. They misused loans...
BluSmart users stranded as firm suspends ride-hailing operations: Report
BluSmart is experiencing widespread booking issues across Delhi-NCR, Bengaluru, and Mumbai due to its strategic shift to integrate its EV fleet with Uber's platform. This transition follows financial ...