Gensol stock hits lower circuit amid SEBI crackdown

Gensol Engineering share price movement On April 16, 2025, Gensol Engineering's shares were locked in the 5 per cent lower circuit at Rs 123.65 on the BSE, following a significant decline from its 52-week high of Rs 1,147. This marks a nearly 90 per cent drop over the past year, reflecting growing investor concerns over the company's financial and governance issues. Gensol Engineering is a renewable energy solutions provider specialising in solar EPC (Engineering, Procurement and Construction) services. The company has also ventured into electric mobility through its association with BluSmart, an EV ride-hailing platform. Regulatory actions and governance issues The Securities and Exchange Board of India (SEBI) issued a