{"id":108422,"date":"2023-08-29T13:41:23","date_gmt":"2023-08-29T08:11:23","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108422"},"modified":"2023-08-29T14:31:09","modified_gmt":"2023-08-29T09:01:09","slug":"newly-listed-stock-hits-5-upper-circuit-after-receiving-an-order-worth-101-6-cr-from-dubai-govt","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/newly-listed-stock-hits-5-upper-circuit-after-receiving-an-order-worth-101-6-cr-from-dubai-govt\/","title":{"rendered":"Stock hits 5% upper circuit after receiving an order worth \u20b9 101.6 Cr from Dubai Govt"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2771176630\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This small-cap company share hit 5% upper circuit after receiving an order worth Rs. 101.6 Cr on Tuesday. A strong and rising volume that is above average when compared to the prior day and week is assisting the stock price.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-879860967\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-gensol-engineering-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/GENSOL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Gensol Engineering Ltd<\/a><\/strong><\/h4><p>The company has a market capitalization of Rs. 2,134 Cr., making it a small-cap. On Tuesday stock opened at Rs. 1,690, and at 01.12 p.m. stocks were trading&nbsp; 4.83%, up at Rs. 1,759 on NSE.<\/p><p>According to the company filing, the company in the normal course of business, madain two turnkey international Solar Engineering, Procurement and construction projects in Dubai with Dubai Government Workshop Warehouse and Dubai Police. Aggregating to a capacity of 14.08 MWp, these projects&#8217; total order value of Rs. 101.6 Cr.<\/p><p>The company\u2019s total consolidated revenue grew by 144% YoY from Rs. 162.28 Cr in FY22 to Rs. 397.35 Cr in FY24, for the same period net profits increased by&nbsp; 122% from Rs. 11.12 Cr to Rs. 24.79 Cr.<\/p><div class=\"trade-content_5\" id=\"trade-3992868776\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the latest shareholding information, Promoters hold 64.67%, Public hold 32.72%, FIIs hold 1.94% and DIIs hold 0.67% stake in this company.<\/p><p>A solar design and engineering firm is called Gensol Engineering Ltd. The company works on technical due diligence, intricate engineering, quality control, construction monitoring, and other consulting projects for solar projects in several nations, including India.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" style=\"object-fit:cover;width:256px;height:256px\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3226405529\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This small-cap company share hit 5% upper circuit after receiving an order worth Rs. 101.6 Cr on Tuesday. A strong and rising volume that is above average when compared to the prior day and week is assisting the stock price. Gensol Engineering Ltd The company has a market capitalization of Rs. 2,134 Cr., making it [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[10725,10727,6309,10724,948,936],"class_list":["post-108422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-gensol-engineering-latest-news","tag-gensol-engineering-latest-orders","tag-gensol-engineering-limited-latest-news","tag-gensol-engineering-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock hits 5% upper circuit after receiving an order worth \u20b9 101.6 Cr from Dubai Govt - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The company was listed on 3rd June 2023 at a price of Rs. 1460.30 and the stock closed 7% down at Rs. 1356.65 on the same day. 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