Last Updated: February 02, 2026
Direct Answer: The Gensol Engineering share price currently trades at ₹29.36 per share as of February 02, 2026, down 96.1% from its 52-week high of ₹751, with a market capitalization of ₹113 crore, reflecting ongoing insolvency proceedings and regulatory scrutiny that has devastated the renewable energy company.
Disclaimer: This article is for informational and educational purposes only and should not be construed as financial advice, investment recommendation, or offer to buy/sell securities. Gensol Engineering is currently under insolvency proceedings; equity shareholders face near-total loss of principal.
Past performance does not guarantee future results. Stock prices are volatile and subject to change. Before making any investment decision regarding Gensol Engineering Share Price or any other security, consult with a qualified financial advisor who understands your risk tolerance, investment objectives, and personal financial situation.
The author and publisher disclaim all liability for losses incurred by readers following information presented in this article. Investing in distressed companies under insolvency proceedings carries extreme risk.
Company Overview Table: Quick Facts About Gensol Engineering
| Metric | Details |
|---|---|
| Company Name | Gensol Engineering Limited |
| Stock Exchange | NSE: GENSOL, BSE: 542851 |
| Current Share Price (Feb 2, 2026) | ₹29.36 |
| 52-Week High/Low | ₹751 / ₹20.50 |
| Market Capitalization | ₹113 Crore |
| P/E Ratio | 1.10 |
| Book Value | ₹155 |
| ROE (Return on Equity) | 22.4% |
| ROCE (Return on Capital Employed) | 14.3% |
| Dividend Yield | 0% |
| Face Value | ₹10 |
| Listing Date | July 3, 2023 |
| Incorporation | September 25, 2012 |
| Sector | Renewable Energy & EV Mobility |
| Status | Under NCLT Insolvency Proceedings |
| Regulator Action | SEBI Bar on Promoters (April 2025) |
What’s Happening With Gensol Engineering Share Price? The Complete Breakdown
The Gensol Engineering share price tells a dramatic story of meteoric rise and catastrophic collapse. When Gensol Engineering first listed on July 3, 2023, investors dreamed of clean energy breakthroughs and electric vehicle revolution. The stock soared to a glorious peak of ₹832 in June 2024, suggesting incredible growth prospects. Fast forward eighteen months, and the Gensol Engineering Share has become a cautionary tale that shook investor confidence across India’s renewable energy landscape.
What triggered this massive downfall of Gensol Engineering Share Price? The answer lies in a web of financial irregularities, fund diversion, and governance failures that would make even experienced market watchers shudder. In April 2025, India’s Securities and Exchange Board (SEBI) issued a damning interim order revealing that Gensol Engineering promoters had allegedly misused ₹977.75 crore in loans meant for electric vehicle procurement.
The situation escalated dramatically when the Indian Renewable Energy Development Agency (IREDA) filed an insolvency petition on May 14, 2025, citing a ₹510 crore loan default. By June 2025, the National Company Law Tribunal (NCLT) had officially admitted Gensol Engineering into the Corporate Insolvency Resolution Process (CIRP). This means equity shareholders are essentially looking at wiped-out investments, as creditors get priority in any restructuring or liquidation proceedings.
The Historic Price Collapse: How Gensol Share Price Fell 96%+
| Time Period | Gensol Engineering Share Price | Change |
|---|---|---|
| June 26, 2024 (52-Week High) | ₹1,125.75 | Baseline (100%) |
| February 21, 2025 | ₹579.60 | -48.5% |
| April 2025 (SEBI Interim Order) | ₹261-300 | -74% |
| May 14, 2025 (IREDA Insolvency Filed) | ₹60 | -94.7% |
| December 11, 2025 | ₹27.30 | -97.6% |
| February 01, 2026 (Upper Circuit) | ₹29.36 | -97.4% |
| February 02, 2026 (Current) | ₹29.36 | -97.4% |
This table shows the painful journey of Gensol Engineering Share Price from boom to bust, a decline that wiped out billions in investor wealth in less than two years.
Understanding the Gensol Engineering News Crisis: What Went Wrong?
The Fund Diversion Scandal
Gensol Engineering secured ₹977.75 crore in loans jointly from IREDA and Power Finance Corporation (PFC). The sanctioned purpose was crystal clear: purchase 6,400 electric vehicles for Gensol Engineering Blusmart, their ride-hailing subsidiary. However, investigators discovered only 4,704 vehicles were actually purchased, leaving over ₹262 crore unaccounted for.
SEBI’s investigation revealed that these diverted funds allegedly went toward personal luxury purchases, including a high-end apartment in DLF Camellias, Gurugram, reportedly valued at crores of rupees. This wasn’t a simple accounting error—it was systematic misuse of public sector capital meant to advance India’s renewable energy goals.
Regulatory Crackdown and Promoter Exit
On April 15, 2025, SEBI issued an interim order barring Gensol Engineering promoters Anmol Singh Jaggi and Puneet Singh Jaggi from accessing securities markets and holding directorial positions. Within days, both brothers resigned from the company. This sudden leadership vacuum left Gensol Engineering “headless,” as creditors aptly described it during tribunal proceedings.
Insolvency Admission and Current Status
The NCLT formally admitted Gensol Engineering into insolvency proceedings on June 13, 2025. An Interim Resolution Professional (Keshav Khaneja) was appointed to oversee the process. Multiple creditors—beyond just IREDA—filed claims, and a Committee of Creditors was established to evaluate restructuring options.
Gensol Engineering Share Price Target Analysis: What Experts Say
| Analyst Perspective | Outlook | Reasoning |
|---|---|---|
| Bear Case | ₹0-5 Per Share | Equity shareholders will be wiped out in insolvency; only debt creditors recover |
| Neutral Case | ₹15-25 (Post-Resolution) | Company may survive restructuring but at significantly reduced valuation |
| Recovery Case | ₹50-75 (Optimistic) | If operational assets sold favorably and new promoter takes charge |
Important Disclaimer: No credible analyst is setting positive price targets for Gensol Engineering Share Price at present. The company is in a critical state where standard valuation models don’t apply.
Gensol Engineering Upper Circuit and NSE: GENSOL Mechanics Explained
The Gensol Engineering Upper Circuit phenomenon occurred in mid-May 2025 when the NSE: GENSOL stock hit the exchange’s 5% daily upper circuit limit despite catastrophic news. Counterintuitively, the insolvency filing sparked speculative buying from some investors betting on asset recovery or a potential white-knight acquisition.
However, these rallies proved short-lived. The broader trend for NSE: GENSOL remains deeply negative. The stock is now a micro-cap, trading with minimal liquidity—daily trading volumes often measure only a few lakhs of shares. This makes any attempt to exit a position extremely difficult without accepting severely discounted prices.
Gensol Engineering Ltd Financial Performance: Numbers Don’t Lie
Q3 FY25 Results (December 2024)
Gensol Engineering Ltd reported consolidated results that showed a mixed picture:
- Revenue: ₹344.51 crore (up 56.42% YoY)
- Net Profit: ₹16.91 crore (up 32.52% YoY)
- P/E Ratio: 1.20x (deeply discounted vs. peers at 300x)
- P/B Ratio: 0.17x (95% discount to peer median)
On the surface, these numbers look respectable—the company was still generating revenue and profit. But this masks the underlying governance rot and liquidity crisis that would soon metastasize into full-blown insolvency.
The EPC and Solar Portfolio
Gensol Engineering Solar Power Plant operations remain one of the company’s traditional strengths. The firm has completed over 770 MW of solar projects and maintains an advanced manufacturing facility for electric vehicles in Pune. Before the crisis, Gensol Engineering positioned itself as a one-stop solution provider, offering:
- Engineering, Procurement, and Construction (EPC) services
- Solar consulting and advisory
- Operation and maintenance (O&M) services through a Spanish joint venture
- Electric vehicle manufacturing and leasing
Gensol Share BSE and NSE Listing Performance
Gensol Engineering Share Price BSE Details
| Metric | Value |
|---|---|
| Gensol Engineering Share Price BSE (Current) | ₹29.36 |
| Gensol Engineering Share Price NSE (Current) | ₹29.36 |
| BSE Code | 542851 |
| NSE Code | GENSOL |
| Trading Volume (Daily Average) | Low Liquidity |
| Bid-Ask Spread | Wider than normal |
| Liquidity Status | Very Poor |
| 52-Week Low | ₹20.50 |
| 52-Week High | ₹751 |
Gensol Share trading on both NSE: GENSOL and the BSE shows declining liquidity as institutional investors fled and retail investors faced margin calls. The Gensol Engineering Share Price BSE and NSE prices are virtually identical, with minor variations due to the respective market microstructures.
The Gensol Engineering Stock Split: A Desperate Move
In March 2025, the board approved a 10-for-1 Gensol Engineering Stock Split, changing the face value from ₹10 to ₹1 per share. The intent was to make shares appear cheaper and boost retail participation. However, this maneuver failed to reverse the downtrend because the fundamental issues were far too grave to be solved by cosmetic accounting changes.
Gensol Engineering Stock split occurred when the crisis was already publicly visible, raising questions about timing and whether this was a deliberate strategy to confuse retail investors. Regardless, the Gensol Engineering Ltd Share Price remained in free fall.
Gensol Engineering Ltd News Timeline: Key Regulatory Events
| Date | Event | Gensol Engineering News |
|---|---|---|
| June 2024 | SEBI Investigation Initiated | Following complaint of share manipulation and fund diversion |
| April 15, 2025 | SEBI Interim Order | Promoters barred from securities market; forensic audit ordered |
| May 12, 2025 | Promoter Resignations | Anmol Singh Jaggi and Puneet Singh Jaggi step down |
| May 14, 2025 | IREDA Insolvency Petition | ₹510 crore default cited; Gensol Engineering News dominates headlines |
| June 13, 2025 | NCLT Admission | Company formally enters insolvency proceedings |
| June 2025 onwards | Multiple Creditor Pleas | BluSmart, other subsidiaries also face insolvency notices |
Gensol News and BluSmart Connection: The Subsidiary Crisis
The Gensol Blusmart subsidiary proved to be Gensol’s Achilles heel. BluSmart Mobility operated thousands of electric cabs in Delhi-NCR and other metros, generating excitement about India’s clean mobility future. However, these cabs were leased using diverted loan funds—creating a cascading insolvency across the entire group.
Gensol Engineering Blusmart operations ground to a halt when the insolvency crisis erupted, forcing BluSmart to repossess over 4,000 cabs and file its own insolvency petition. This compounded Gensol News coverage and investor despair.
Gensol Engineering Upper Circuit vs. Gensol Engineering Stock Reality Check
A critical lesson for investors: just because a stock hits its Gensol Engineering Upper Circuit limit doesn’t mean fundamental conditions have improved. On February 1, 2026, when NSE: GENSOL spiked 5% to ₹29.36 (hitting upper circuit), it only attracted speculative short-term traders betting on restructuring surprises—not genuine value investors seeing turnaround potential.
The Gensol Engineering Upper Circuit hits don’t represent fundamental improvement—they’re technical artifacts of illiquid markets. In May 2025, when NSE: GENSOL spiked 5% on some trading sessions, it only attracted speculative short-term traders betting on corporate restructuring—not genuine value investors seeing turnaround potential.
What Does Gensol Engineering Ltd News Mean for Different Investor Groups?
For Equity Shareholders
If you own Gensol Engineering Share, prepare for heartbreak. Equity shareholders are last in line during insolvency—they recover only if there’s money left after all creditors are paid. In Gensol Engineering Ltd case, with ₹500+ crore in debt and liabilities exceeding assets, complete recovery is virtually impossible.
For Debt Creditors
IREDA, PFC, and other institutional lenders will recover some portion through asset sales and restructuring plans. This is why Gensol Engineering News is followed closely by banking and insurance sectors—they’re exposed to potential losses.
For Employees and Suppliers
Gensol Engineering Ltd directly employed around 180 engineers and contractors across divisions. The insolvency process typically results in severance packages, though amounts depend on the resolution plan’s viability. Suppliers face the grim prospect of collecting only a fraction of outstanding dues.
Gensol Engineering Share Price Target 2025 and Beyond: Realistic Scenarios
Given the ongoing insolvency proceedings, setting a meaningful Gensol Engineering Share Price Target 2025 is nearly impossible. However, three scenarios exist:
Scenario 1: Asset Sale (60% Probability)
The IRP could sell Gensol Engineering assets piecemeal—the EPC business, solar portfolio, manufacturing facility. In this case, equity might recover ₹5-15 per share if liquidation proceeds exceed expectations.
Scenario 2: Going Concern Restructuring (25% Probability)
A new promoter or consortium might take over Gensol Engineering under a restructuring plan. This requires a massive reduction in face value, likely reducing the share price to ₹1-3 per original shareholder (post-split accounting).
Scenario 3: Complete Liquidation (15% Probability)
If creditors lose patience, the company could be dissolved and assets liquidated. Gensol Engineering Share Price would essentially become worthless.
Gensol Engineering Share Price Target 2030 forecasting is pure fantasy at this point—nobody can predict the outcomes of multi-year insolvency proceedings with this level of complexity and fraud allegations.
The Role of Forensic Audits in Gensol Engineering Ltd Turnaround
SEBI appointed Raju and Prasad Chartered Accountants to conduct a forensic audit of Gensol Engineering financial statements from FY2022 to FY2025. This investigation aims to trace every rupee of the ₹977.75 crore loan to its final destination.
The forensic findings will determine:
- Whether promoters face criminal prosecution
- How much of diverted funds might be recoverable
- Which third parties benefited from fraud
- Whether Gensol Engineering operations were fundamentally sound or tainted
These findings directly impact Gensol Engineering News and future valuation.
Gensol Engineering Stock Comparison: Why It Collapsed Worse Than Peers
| Company | Current Price | Market Cap (Cr) | P/E Ratio | ROE (%) | Status |
|---|---|---|---|---|---|
| Gensol Engineering | ₹29.36 | ₹113 | 1.10 | 22.4% | Insolvency |
| Tata Power | ₹400+ | 100,000+ | 35 | 12% | Stable |
| Adani Green | ₹1,500+ | 200,000+ | 20+ | 20%+ | Growing |
| Waaree Energies | ₹1,000+ | 50,000+ | 25 | 15% | Stable |
| Borosil Renewables | ₹500+ | 5,000+ | 40 | 10% | Stable |
Gensol Engineering Stock collapsed far worse than sector peers because its problems were company-specific, not industry-wide. The artificially high ROE of 22.4% reflects distorted capital base under insolvency, not actual business quality. This isn’t a renewable energy crisis—it’s a Gensol Engineering Ltd governance crisis.
Investment Lesson: Understanding Gensol Engineering Ltd as a Case Study
What can investors learn from Gensol Engineering News and Gensol Engineering Share Price collapse?
- Promoter reputation matters enormously. The Jaggi brothers’ sudden exit and the fraud allegations eroded all trust overnight.
- Disproportionate fund concentration is risky. When one loan (BluSmart EV project) accounts for 65% of a company’s capital, concentration risk is extreme.
- Regulatory oversight gaps are dangerous. IREDA and PFC failed to detect massive fund diversion until late 2024, despite annual financial reporting.
- “Growth” without governance is worthless. Gensol Engineering showed 56% revenue growth in Q3 FY25, yet the company was simultaneously defrauding creditors.
- ESG concerns demand deeper digging. A company can’t be “green” if its leadership is engaging in financial fraud.
Key Takeaways and Conclusion
The Gensol Engineering Share Price journey from ₹1,125 to ₹27 in barely eighteen months represents one of India’s most dramatic stock market collapses. This wasn’t a sector-wide downturn—it was a company-specific catastrophe triggered by alleged fraud, governance failures, and deliberate fund misuse by promoters.
Gensol Engineering once represented India’s ambitions in clean energy and sustainable mobility. The renewable energy sector remains critical for India’s climate goals. However, Gensol Engineering Limited became a case study in how poorly-governed companies can destroy shareholder value despite operating in growth sectors.
The Gensol Engineering Share Price will likely remain in the ₹5-50 range throughout the multi-year insolvency process. Equity shareholders should acknowledge their losses and redeploy capital elsewhere. The real value recovery narrative—if it emerges—will involve new promoters, creditor-approved business plans, and likely complete equity restructuring under the Gensol Engineering Ltd new regime.
For prospective investors considering renewable energy stocks, Gensol Engineering News offers a painful lesson: no sector is immune from fraud. Investigate promoter track records, corporate governance quality, and related-party transaction patterns before investing, regardless of how compelling the growth story appears.
Frequently Asked Questions About Gensol Engineering Share Price
FAQ 1: Should I Buy Gensol Engineering Share Price Now Because It’s “Cheap”?
Answer: Absolutely not. The Gensol Engineering Share Price at ₹27 appears cheap only on a surface-level P/E ratio calculation. In reality, equity shareholders face near-total loss probability. Traditional valuation metrics break down during insolvency. Buying Gensol Engineering Share now is speculation, not investing. The company’s future structure, shareholding, and even share class denominations are uncertain until the NCLT approves a restructuring plan.
FAQ 2: What Is the Gensol Engineering Share Price Target Set by Investment Banks?
Answer: No major investment bank has published a Gensol Engineering Share Price Target for Gensol since the insolvency filing. Most research teams suspended coverage because equity valuation is meaningless during CIRP. Any target published would be pure speculation. Instead, focus on Gensol Engineering News updates from NCLT filings and IRP announcements.
FAQ 3: How Does Gensol Engineering Upper Circuit Trading Occur if the News Is All Bad?
Answer: Stock exchanges implement Gensol Engineering Upper Circuit limits (5% daily maximum moves) to prevent panic-driven price spirals. However, insolvency companies often see violent multi-directional swings because:
- Liquidity is so poor that even small buy/sell orders move prices dramatically
- Retail speculators bet on restructuring surprises
- Some traders initiate short squeeze attempts
- Corporate action announcements create temporary rallies
The Gensol Engineering Upper Circuit hits don’t represent fundamental improvement—they’re technical artifacts of illiquid markets.
Thank You for Reading
We appreciate your time exploring this comprehensive analysis of Gensol Engineering Share Price. Stay informed about regulatory developments affecting Gensol Engineering Ltd by monitoring NSE: GENSOL official disclosures and NCLT orders.
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