Share Market Investment: Gensol Engineering's shares became rocket, know which stock's investors became rich…

Share Market Investment: On the last day of trading in the stock market, i.e. Friday, trading started with gains. During this period, a good rise was also seen in the shares of many companies. At the same time, shares of Gensol Engineering rose by about 10 percent.

The main reason behind this is the big order received by the company from National Thermal Power Corporation NTPC. However, this stock has been giving negative returns to its investors for the last one year. But once again buyers have become active.

Order worth Rs 900 crore

Shares of Gensol Engineering made its intraday high at Rs 779.95 on Friday, while on Thursday it closed at Rs 713.45.

The company said in an exchange filing that it has received the work of 225 megawatt (MW) grid connected solar power project from NTPC REL at GSECL Solar Park (Stage-III) located in Khavra, Gujarat.

The total bid price of this project is approximately Rs 897.47 crore (including GST), which also includes three years of operation and maintenance (O&M).

The company said this (Share Market Investment)

Gensol Engineering said in a statement that under this project the company will get an opportunity to showcase its capability and expertise in the field of green energy. Along with this, this project will strengthen the business of the company and take it to new heights towards long-term growth.

disappointing stock performance (Share Market Investment)

Let us tell you that the performance of the company has been very poor for more than a year. During the last one year, it has given a loss of more than 1 percent to investors, while in 6 months there has been a decline of more than 25 percent. At the same time, a decline of more than 5 percent has been recorded in one month.