New Delhi, March 10 -- Gensol Engineering shares fell over 4 percent in intra-day trading on Monday after the company disclosed that its promoters had sold 2.37 percent of its total equity, amounting to 9 lakh shares. The promoters stated that the sale was aimed at "unlocking liquidity" for reinvestment into the business.

However, the stock has been on a persistent decline, marking its tenth consecutive session of losses, having plunged 47 percent over the past ten trading sessions following multiple credit rating downgrades.

"The promoters have sold approximately 2.37 percent of total equity shares of the company, amounting to 9,00,000 shares, to unlock liquidity that will be reinvested into the business through equity infusion. This s...