Gensol Engineering Shares Jump 38% in Six Days Despite Management Shake-Up
Gensol Engineering Ltd., a BSE SmallCap-listed company, has seen a strong rebound in its stock over the past week. After falling more than 95% from its 52-week high of ₹1,125.75 to a low of ₹51.25, the company’s shares have jumped over 38% in just six trading sessions.
As of 12:28 PM on May 20, 2025, the stock was trading at ₹70.99, up 2% or ₹1.39 from its previous close of ₹69.60. The stock opened at ₹70.99 and remained steady at that level, without any movement so far in the day.
A Volatile Journey
Gensol’s journey has been highly volatile. The stock’s 52-week low is ₹51.84, highlighting the steep fall it has suffered. The daily trading band for the stock on May 20 is between ₹68.21 and ₹70.99, reflecting the exchange-imposed 2% circuit limits.
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Despite the recent recovery, Gensol remains under pressure due to internal challenges, including major leadership exits and ongoing regulatory scrutiny.
Key Resignations Raise Concerns
The company has seen a series of high-profile resignations in recent days. On May 16, the Chief Financial Officer (CFO), Jabirmahendi Mohammedraza Aga, resigned. Just a few days earlier, on May 12, Managing Director Anmol Singh Jaggi and Whole-Time Director Puneet Singh Jaggi also stepped down.
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In his resignation letter, the former CFO stated “The Company is facing serious challenges, including multiple regulatory investigations. Top leadership has resigned. Critical data is disorganised, and this is affecting the company’s ability to respond to the inquiries properly.”
What Lies Ahead?
Despite these issues, the stock’s sharp rebound over six days shows that investors are still watching closely. Whether the stock can maintain its upward momentum will likely depend on how Gensol navigates the regulatory hurdles and stabilises its management team.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
