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Gensol Engineering Limited reports robust Order Book of Rs. 1783 Crores



Posted On : 2024-04-12 10:35:53( TIMEZONE : IST )

Gensol Engineering Limited reports robust Order Book of Rs. 1783 Crores

Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in the renewable energy sector specialising in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions, has received significant order book that stands at an impressive Rs. 1783 Crores in the beginning of FY25, signaling a promising year and solidifying its position as a key player in the renewable energy and electric mobility industry. Gensol's diverse order book showcases its involvement in multiple sectors, each contributing significantly to its overall portfolio.

Commenting on Order Book for FY25, Mr. Anmol Singh Jaggi -- Chairman And Managing Director, Gensol Engineering Limited said: "Our order book for FY25 is at Rs. 1783 Crores highlighting growing demand for our renewable energy and eMobility solutions. This order book will be executed over the next 12 months. The uptick in the projects reflects the trust clients have in our capabilities and commitment to delivering excellence. This achievement solidifies our status as a frontrunner in Solar EPC, Solar tracking and EV Leasing industry, emphasising our commitment to growth. I thank all the stakeholders and the Gensol family for their continued support that is vital to our success, and we remain dedicated to delivering value and sustainable growth."

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 994.15 as compared to the previous close of Rs. 984.10. The total number of shares traded during the day was 12739 in over 1175 trades.

The stock hit an intraday high of Rs. 1011.95 and intraday low of 971.10. The net turnover during the day was Rs. 12678427.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 OrderBook FY2025