New Delhi, Sept. 17 -- Smallcap stock Gensol Engineering Ltd., once a promising player in India's renewable energy sector, has experienced a dramatic decline in its stock value, shedding over 95% of investor wealth in the past year. This precipitous fall has left many retail investors grappling with significant losses.

Over the last year, Gensol Engineering's stock price has plummeted by approximately 95%, contrasting sharply with the broader market's positive performance. The company's stock is currently trading well below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

The stock hit its 52-week high of Rs.921.75, hit in September 2024 but is currently trading around 45.48.

While the stock ...