GENSOL

March 13 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING - TO RAISE 2 BILLION RUPEES THROUGH THE ISSUANCE OF WARRANTS TO PROMOTERS

Source text: ID:nBSE6GCZxQ

Further company coverage: GENO.NS

(([email protected];;))

** Shares of Gensol Engineering Ltd GENO.NS fall 5%, the exchange-allowed maximum, to a record low of 305.80 rupees

** The engineering co says promoters have undertaken sale of 2.37% stake of co for liquidity that will be reinvested into the business

** Credit rating agencies ICRA and CARE had downgraded co earlier last week, raising concerns over its liquidity position and corporate governance practices

** Co's board will also meet on March 13 to consider raising of funds and share split

** Stock on track to fall for 10th straight day

** More than 1.4 mln shares traded, 3.1x their 30-day moving avg

** GENO stock down 57.6% YTD so far, including session's losses

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Shares of Gensol Engineering GENO.NS fall 6% to 315 rupees, biggest one-day pct fall

** GENO down ~38% so far this week, its biggest weekly fall on record

** Stock eyes ninth straight session of decline

** Credit rating agencies ICRA and CARE had downgraded co earlier this week, raising concerns over its liquidity position and corporate governance practices

** More than 4.6 mln shares change hands, 20.8x its 30-day avg

** Stock down 56% so far this year

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

March 5 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING LTD- CONTINUES TO MAINTAIN STRONG REVENUE VISIBILITY

• GENSOL ENGINEERING LTD- REMAIN CONFIDENT IN LONG-TERM GROWTH POTENTIAL OF BUSINESS

Source text: ID:nBSE4mVnP4

Further company coverage: GENO.NS

(([email protected];))

Feb 18 (Reuters) - Gensol Engineering Ltd GENO.NS:

• ANNOUNCES PROMOTER SHARE SALE TO REDUCE PLEDGED SHARES

Source text: ID:nBSE4R45sb

Further company coverage: GENO.NS

(([email protected];;))

Feb 11 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING DEC-QUARTER CONSOL NET PROFIT 169.1 MILLION RUPEES

• GENSOL ENGINEERING DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 6.45 BILLION RUPEES

Source text: ID:nBSE2RR1hZ

Further company coverage: GENO.NS

(([email protected];))

Feb 7 (Reuters) - Gensol Engineering Ltd GENO.NS:

• SECURES 9.68 BILLION RUPEES ORDER

Source text: ID:nBSE4hVX0H

Further company coverage: GENO.NS

(([email protected];;))

Jan 28 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL EV ANNOUNCES 30,000 PRE-ORDERS FOR EZIO AND EZIBOT

Source text: ID:nBSE35DJgN

Further company coverage: GENO.NS

(([email protected];;))

Jan 16 (Reuters) - Refex Industries Ltd REFE.NS:

• REFEX INDUSTRIES - EVEELZ TO ASSUME GENSOL'S 3.15 BILLION RUPEES LOAN FACILITY

Source text: ID:nNSEmMRB0

Further company coverage: REFE.NS

(([email protected];;))

** Shares of Gensol Engineering Ltd GENO.NS rise as much as 6.1% to 796.40 rupees

** Engineering co secures contract from a public sector undertaking for development of 275MW solar photovoltaic project at RE Solar Park, Gujarat, with a total bid value of 10.62 bln rupees ($123.7 mln)

** Stock on track to snap 2 days of losses

** More than 403,000 shares traded as of 11:46 a.m. IST, 3x their 30-day moving avg; busiest day in over a week

** GENO fell 10.3% in 2024

($1 = 85.8250 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Shares of Gensol Engineering GENO.NS rise as much as 9.3% to 779.95 rupees

** GENO on Thursday said it has won an order worth about 8.97 bln rupees ($105 mln) from NTPC Renewable Energy

** Stock on track to snap five-session losing streak, if trend holds

** Stock is witnessing its most active trading session since July 29, with more than 797,000 shares changing hands, 7.4x of its 30-day avg

** Stock last up 6.2%, cutting YTD loss to 10.4%

($1 = 85.4300 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Dec 26 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING LTD - SECURES EPC CONTRACT FROM NTPC RENEWABLE ENERGY

• GENSOL ENGINEERING LTD - TOTAL BID VALUE APPROXIMATELY 8.97 BILLION RUPEES

Source text: ID:nBSE8fmH98

Further company coverage: GENO.NS

(([email protected];))

Dec 18 (Reuters) - Gensol Engineering Ltd GENO.NS:

• SECURES 22 MW SOLAR PV PROJECT WORTH 880 MILLION RUPEES

Source text: ID:nBSE6Nhgz

Further company coverage: GENO.NS

(([email protected];))

Nov 5 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING - SOLAR EPC ORDER BOOK CROSSES 54 BILLION RUPEES AS ON OCT 31

Source text: ID:nBSE6f5csk

Further company coverage: GENO.NS

(([email protected];))

** Shares of solar energy solutions company Gensol Engineering GENO.NS rise 3.4% to 842.50 rupees in early trade

** Co gets solar PV project worth 7.80 billion rupees ($92.8 million) from a public sector utility in Maharashtra

** GENO on track for fifth straight session of gains

** With session's gains so far, stock trims YTD loss to 0.4%

($1 = 84.0650 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

Oct 25 (Reuters) - Gensol Engineering Ltd GENO.NS:

• SEPT-QUARTER CONSOL NET PROFIT 293.8 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.46 BILLION RUPEES

Further company coverage: GENO.NS

(([email protected];))

Oct 21 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING, MATRIX GAS & RENEWABLES CONSORTIUM AWARDED PROJECT

• PROJECT FOR DEVELOPING GREEN HYDROGEN POWERED STEEL FACILITY

• PROJECT’S TOTAL CAPEX ESTIMATED AT 3.21 BILLION RUPEES

Further company coverage: GENO.NS

(([email protected];;))

** Shares of Gensol Engineering GENO.NS rise as much as 3.5% to 855 rupees

** GENO gets 81.6 mln dirhams (AED) ($22.22 mln) contract for 23 MWp rooftop solar project in Dubai

** Stock turns YTD positive, last up 2.2%

($1 = 3.6730 UAE dirham)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Shares of Gensol Engineering GENO.NS jump 4.7% to 841.75 rupees

** The solar energy solutions provider said its solar EPC order book as of Sept. 30 is 40.97 bln rupees ($488.2 mln)

** Total order book as of Sept. 30 was 90.55 bln rupees vs 50.25 bln rupees as on July 31

** GENO down 0.6% YTD

($1 = 83.9230 Indian rupees)

(Reporting by Vijay Malkar in Bengaluru)

(([email protected];))

Oct 8 (Reuters) - Gensol Engineering Ltd GENO.NS:

• SOLAR EPC ORDER BOOK IS 40.97 BILLION RUPEES REPRESENTING 1.5 GW AS OF SEPT 30

Source text for Eikon: ID:nBSE7BrfBV

Further company coverage: GENO.NS

(([email protected];;))

Oct 7 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING - JABIR MAHENDI AGA RESIGNS AS CFO

• GENSOL ENGINEERING - ANKIT JAIN NAMED AS CFO

Further company coverage: GENO.NS

(([email protected];))

** Shares of India's Gensol Engineering GENO.NS rise 3% to 845 rupees

** Construction co's unit Matrix Gas & Renewables plans to file for an IPO in 2025, aiming to raise 10 bln - 12 bln rupees ($119.1 - $142.9 mln)

** Stock set to snap four straight weeks of losses

** GENO has gained ~80% since its listing in July 2023

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Oct 3 (Reuters) - India's Matrix Gas & Renewables plans to file for an IPO in 2025, aiming to raise 10 billion-12 billion rupees ($119.1-$142.9 million), chief Executive Officer Chirag Kotecha said on Thursday.

(Reporting by Sethuraman NR in New Delhi; Editing by Sonia Cheema)

(([email protected]; +91 7982114624;))

** Shares of India's Gensol Engineering GENO.NS cool off after a 3% rise; last up 1.6%

** Engineering company and Matrix Gas and Renewables won an order to set up green hydrogen valley project in Pune

** Co did not disclose any financial details

** GENO to gain for first session in five, if trends hold

** YTD stock has risen 9%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** 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)

(([email protected]))

Aug 12 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 204.8 MILLION RUPEES

• GENSOL ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.95 BILLION RUPEES

• GENSOL ENGINEERING LTD - TO RAISE FUNDS WORTH UPTO 5 BILLION RUPEES

• GENSOL ENGINEERING LTD - RAISING OF FUNDS VIA ISSUE OF SHARES

Source text for Eikon: ID:nBSEbg2BHZ

Further company coverage: GENO.NS

(([email protected];))

Aug 7 (Reuters) - Gensol Engineering Ltd GENO.NS:

• TO CONSIDER PROPOSAL OF RAISING OF FUNDS

Further company coverage: GENO.NS

(([email protected];))

July 29 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING GOT EPC AWARD FOR 4.63 BILLION RUPEES SOLAR PLANT AT GUJARAT POWER PARK

Further company coverage: GENO.NS

(([email protected];))

** Shares of Gensol Engineering GENO.NS rise 5% to 985.15 rupees, hitting upper circuit

** The renewable energy and electric mobility co emerges as winning bidder for solar projects in Gujarat for revenue of 6 billion rupees ($71.7 million)

** GENO on track to snap three-day losing streak; set for best day in over a month

** Stock up 16.5% YTD, had gained ~87% in 2023 since listing in July

($1 = 83.6360 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

July 22 (Reuters) - Gensol Engineering Ltd GENO.NS:

• GENSOL ENGINEERING - WINS BID FOR 116 MW OF SOLAR PROJECTS IN GUJARAT

• GENSOL ENGINEERING - EPC REVENUE OF 6 BILLION RUPEES

Source text for Eikon: ID:nBSE2HY27r

Further company coverage: GENO.NS

(([email protected];))