Stockwire

Why Gensol Engineering's market crash was no surprise

Once a market favourite, Gensol Engineering is now laden with debt and suffers from poor execution

Gensol Engineering’s crash was inevitable. 7 warning signs investors missedAI-generated image

dhanak हिंदी में भी पढ़ें read-in-hindi

A year ago, Gensol Engineering was a clear market favourite. One that had grown investor wealth twelvefold in just two years from March 2022 to February 2024. The gobsmacking rally was accompanied by an equally electric revenue surge. Its revenue rocketed from Rs 160 crore in FY22 to Rs 963 crore in FY24, powered by robust order inflows in the core solar EPC business. The company's foray into EV leasing and manufacturing helped the rally further.


Other Categories