India's Gensol Engineering rises on 1.64 bln rupee-project win

Gensol Engineering

03/09/2024 05:06

** Shares of Gensol Engineering  GENO.NS  rise 2.2% to
959.95 rupees
    ** Co, along with Matrix Gas & Renewables, won green
hydrogen project worth 1.64 bln rupees ($19.5 mln)
    ** Stock had fallen 5% in Aug, second straight monthly
decline
    ** GENO up 13.5% YTD, rivals NBCC India  NBCC.NS  and KEC
International  KECL.NS  up 128% and 57% respectively

($1 = 83.9450 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))