India's Gensol Engineering hits upper circuit

Gensol Engineering

20/06/2024 06:44

** Shares of Gensol Engineering  GENO.NS  rise 5% to 1066.65
rupees, hitting upper circuit
    ** Renewable energy and electric mobility co gets additional
250 MW order for Gujarat Urja Vikas Nigam's (GUVNL) battery
energy storage project
    ** Project will generate a total rev of 26.85 billion rupees
($321.6 million) over 12 years
    ** GENO set to snap three-day losing streak
    ** Stock up 26% YTD; had gained 87% in 2023 since listing in
July

($1 = 83.4960 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))