New Delhi, March 11 -- Gensol Engineering share price has been on a consistent decline, marking its 10th consecutive session of losses, with a drop of over 50%. Gensol Engineering share price today fell by 5%, reaching a 52-week low following the announcement that the company's promoters have divested a 2.37% stake in the EPC firm. In its exchange filing, the company announced its plan to invest Rs.28.99 crore by converting warrants into equity in the firm.

Gensol Engineering share price today opened at Rs.293.60 apiece on the BSE, the stock touched an intraday low of Rs.289.90 per share, and an intraday high of Rs.297 apiece.

Anshul Jain, Head of Research at Lakshmishree Investment and Securities highlighted that Gensol Engineering sha...