Gensol shares bounce back; hit 5% upper circuit limit

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Shares of Gensol Engineering made a comeback on Tuesday, surging 5% to hit an upper circuit limit, after promoters of the beleaguered firm, Anmol Singh Jaggi and Puneet Singh Jaggi resigned from the company. The stock recovered to settle at Rs 57.28 — its upper circuit limit –reflecting a jump of 4.99% on the BSE. Earlier in the day, the stock dropped 4.99% to Rs 51.84 — its 52-week low as well as the lower circuit limit.

At the NSE, shares of the firm climbed 4.99% to settle at Rs 56.64 — the upper circuit limit. During the morning trade, the…



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Gensol shares bounce back; hit 5% upper circuit limit


Shares of Gensol Engineering made a comeback on Tuesday, surging 5% to hit an upper circuit limit, after promoters of the beleaguered firm, Anmol Singh Jaggi and Puneet Singh Jaggi resigned from the company. The stock recovered to settle at Rs 57.28 — its upper circuit limit –reflecting a jump of 4.99% on the BSE. Earlier in the day, the stock dropped 4.99% to Rs 51.84 — its 52-week low as well as the lower circuit limit.

At the NSE, shares of the firm climbed 4.99% to settle at Rs 56.64 — the upper circuit limit. During the morning trade, the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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