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HomeSTOCKS15.5% Return In The Last Three Days; Back-to-back Upper Circuit; Solar Power...

15.5% Return In The Last Three Days; Back-to-back Upper Circuit; Solar Power Business

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Gensol Engineering Ltd (NSE: GENSOL): The previous Wednesday saw a minor increase during the trading of the stock market, BSE Sensex was working at the level of 72,164 increasing to 85 points. 

As of now, Nifty is working at 21838 points, with a level of strength of 21 points. While the boom was taking place in the market for stocks in the past, it was evident that the Nifty IT index had registered significant gains. 

In addition, strength was also evident in the Nifty FMCG as well as Nifty Auto indices. Nifty Midcap 100 BSE Small Cap, Nifty Bank, Nifty Pharma, and Nifty Financial Services were trading on the weak side.

Gensol Engineering Share Performance

Amidst the growth in the stock market on Thursday Gensol Engineering Limited’s share, invested by a veteran investor, registered an increase of 0.99 percent, trading at a level of 889.90 increasing by 42 rupees.

The 52-week highest level of Gensol Engineering’s shares is 1376 with an estimated market capitalization of 3340 crore and the 52-week lowest is 436. 

Gensol Engineering shares closed at the value of Rs 764 on March 15, 2015, Friday. On March 18 the share was traded at Rs 799.30 and on Tuesday this share was trading at the price of 839.25.

Following the start of business at the rate of 839.25 the previous Wednesday Gensol Engineering shares reached the level of 881.20 in the initial trade, at the higher limit with a 5 percent rate. 

Gensol Engineering shares have given a return of 15.5 percent to investors over the last three days.

Following the increase in the Gensol Engineering shares invested by an expert over three days straight experts are pondering whether common citizens should also purchase stocks in Gensol Engineering. 

His shareholding within Gensol Engineering was 1.5 percent in the quarter ending December 2023.

Following the declaration of Surya Ghar Yojana by Prime Minister Narendra Modi the country saw a huge increase in stocks that belong to Gensol Engineering. 

Business Model

Gensol Engineering provides engineering, procurement, and construction services to the solar power sector.

On the 16th of March, Gensol Engineering informed that it completed a 160 MW solar array located in Bhavnagar, Gujarat. The purchase was worth one and a half crores rupees.

Gensol Engineering has so far completed six ground-mount projects. Gensol Engineering has built solar power plants across Gujarat, Jharkhand, Karnataka as well as Haryana and has completed more than 600 MW of solar projects to date. 

Gensol has signed contracts with over 400 customers in India as well and the company’s EPC orders have surpassed the threshold of Rs 1000 crore.

About Gensol Engineering Ltd

Gensol Engineering Limited provides renewable energy solutions for India, Southeast Asia, the Middle East, and Africa. Gensol Engineering Limited provides solar advisory services. 

These comprise engineering and design for property owners which includes a review of construction supervision, facilitation of permits and clearances; detailed reports on projects and financial closing assistance in addition, engineering design, plant hand-over, and design services. 

It also offers lenders engineering services, which include pre-financial closure due diligence and performance acceptance,& pre-disbursement inspection, performance acceptance services design Engineering and Review services; projects management, and strategic and policy advice services.

Additionally, the firm provides solar EPC services, including RCC roof shed roofs, shed roofs ground mounted, super structures, and solar maintenance and operation services. 

Gensol Engineering Limited was founded in 2007 and is located in Ahmedabad, India.

Fundamental Analysis of Gensol Engineering Ltd

Market Cap₹ 3,337 Cr.
Current Price₹ 889.90
52-wk High₹ 1,376
52-wk Low₹ 436.75
Stock P/E61.7
Book Value₹ 77.0
Dividend0.00 %
ROCE12.4 %
ROE21.4 %
Face Value₹ 10.0
P/B Value11.4
OPM26.5 %
EPS₹ 14.4
Debt₹ 871 Cr.
Debt to Equity2.99

Gensol Engineering Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 1280₹ 1400
2025₹ 1567₹ 1976
2026₹ 2142₹ 2324
2027₹ 2454₹ 2765
2028₹ 2876₹ 2987
2029₹ 3000₹ 3253
2030₹ 3325₹ 3543
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Gensol Engineering Ltd Shareholding Pattern

Promoters Holding
Dec 202264.67%
Mar 202364.67%
June 202364.67%
Sept 202364.67%
Dec 202362.60%
FII Holding
Dec 20221.84%
Mar 20231.83%
June 20231.94%
Sept 20232.57%
Dec 20232.94%
DII Holding
Dec 20220.42%
Mar 20230.66%
June 20230.66%
Sept 20230.75%
Dec 20230.84%
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Public Holding
Dec 202233.07%
Mar 202332.85%
June 202332.72%
Sept 202332.01%
Dec 202333.62%

Gensol Engineering Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 79 Cr
2020₹ 75 Cr
2021₹ 60 Cr
2022₹ 154 Cr
2023₹ 686 Cr

Last 5 Years’ Net Profit:

2019₹ 5 Cr
2020₹ 2 Cr
2021₹ 3 Cr
2022₹ 11 Cr
2023₹ 54 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.12
20200.13
20210.06
20221.71
20232.53

Last 10 Years’ Profit Growth:

10 Years:120%
5 Years:44%
3 Years:132%
Current Year:144%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:21%
3 Years:21%
Last Year:21%

Last 10 Years’ Sales Growth:

10 Years:86%
5 Years:42%
3 Years:69%
Current Year:138%

Conclusion

This article is a complete guide about Gensol Engineering Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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