Gensol Engineering clinches deals worth over Rs. 70 Crores

Gensol Engineering Limited has, in the last 7 days, in normal course of business, received purchase orders from reputed clients for the development of solar power projects aggregating to a capacity of around 24 MWp in the states of Punjab and Madhya Pradesh. The cumulative order value of these projects is pegged at over Rs. 70,00,00,000.00 (Indian Rupees Seventy Crores Only) exclusive of taxes. Out of the total ordered capacity, 17 MWp will be installed over metal-based roofs of the factories of the clients, while around 7 MWp will be raised over ground within the premises of the clients.

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 247.10 as compared to the previous close of Rs. 235.35. The total number of shares traded during the day was 446880 in over 148 trades.

The stock hit an intraday high of Rs. 247.10 and intraday low of 223.60. The net turnover during the day was Rs. 108126020.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 OrderWin SolarPowerProjects