New Delhi, March 12 -- Gensol Engineering Ltd. share price hit another 5 per cent lower circuit on Wednesday, March 12, marking the sixth consecutive session of decline. The stock has fallen over 50 per cent in last 12 consecutive trading sessions, with six of those sessions resulting in it being locked in a lower circuit.

At 11:00 am, Gensol Engineering stock was trading at Rs.276.05 on National Stock Exchange (NSE).

Gensol Engineering has entered oversold territory on the charts, with its Relative Strength Index (RSI) dropping to 14. An RSI below 30 signals that a stock is in the 'oversold' zone.

The company announced that its Chief Financial Officer (CFO), Ankit Jain, has resigned for personal reasons. Jain plans to pursue other car...