Small-cap engineering stock in focus on this Capeex update. Do you own? | Einsmark news
Small cap stock: Gensol Engineering announced on Wednesday, April 9, that the manufacturer of electronic equipment had instructed a solar power plant in Panchet Town, Dhanbad, Jharkhand, according to an exchange filing. The firm also noted that the project was developed under a £ 40 crore contract, and the plant aims to support the company’s operational and maintenance needs (O&M) for the next five years, according to the BSE filing. The company “announced the successful commissioning of its soil -mounted solar power plant in the Dhanbad district in Panchet in Jharkhand. This project is being developed under a £ 40 Crore EPC contract and underlines the Gensol’s expertise in the execution of complex solar installations in challenging sites. year, ”the company in the BSE filing. The 40 -acre solar power plant will produce more than 15 million units of clean energy each year for commercial use. “The plant will strengthen Jharkhand’s energy security, reducing the dependence on fossil fuels, while it meets the increasing demand for electricity. Gensol remains committed to supporting India’s net-nul ambitions by scalable, efficient and environmental responsible solar projects,” said Gensol Engineering in the Exchange. Gensol engineering share price gensol engineering shares closed 4.98 percent lower at £ 140.20 after Wednesday’s stock market, compared to £ 147.55 on the previous market. The stock will remain in focus on Friday, April 11, due to a market holiday on April 10. Gensol engineering shares have given more than 550 percent returns on their investments over the past five years. However, the stock has been 85.90 percent lower in the last one year. Shares lost 54.06 percent in the last period of one month in 2025. The share hit its 52-week high level at £ 1,125.75 on June 2024, while the 52-week was low level at £ 140.20. According to the BSE data, Gensol Engineering shares hit its annual levels on Wednesday, April 9. The company’s market cap was at £ 532.79 crore from Wednesday’s stock market. Gensol Engineering is a renewable energy firm specializing in Solar Power EPC services and electrical mobility solutions. The company has a good record on 770 megawatts (MW) solar projects and an advanced EV manufacturing facility in Pune, according to the company’s data. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.