The 30-share BSE Sensex climbed 354.45 points or 0.47 per cent to settle at an all-time high of 75,038.15.
New Delhi: Amidst the bullish trend in the stock market, the shares of Gensol Engineering Limited, reached a high of Rs 1011.95. Gensol Engineering is a solar and EV company with a market cap of Rs 3750 crore with an order book of Rs 1783 crore. Gensol Engineering’s solar EPC order is worth Rs 1448 crore, while the order of electric vehicle leasing business is worth Rs 335 crore.
Gensol Engineering Limited expects to register further growth in its orders in the current financial year due to increase in demand for solar energy in the country and increase in demand for e-mobility solutions.
The counter has given multibagger returns to investors in the short and long term. The 52 week high level of Gensol Engineering shares is Rs 1376 while the 52 week low is Rs 436. Meanwhile, benchmark Sensex climbed 354 points to close above the record 75,000 mark for the first time while broader Nifty scaled a fresh lifetime high on Wednesday on gains in FMCG, energy and metal shares.
The 30-share BSE Sensex climbed 354.45 points or 0.47 per cent to settle at an all-time high of 75,038.15. During the day, the index spurted 421.44 points or 0.56 per cent to hit a high of 75,105.14.
Broader Nifty of the NSE advanced by 111.05 points or 0.49 per cent to close at a record peak of 22,753.80. During the day, it jumped 132.95 points or 0.58 per cent to reach a lifetime intra-day peak of 22,775.70.