SME stock to migrate to NSE on Monday after over 2,000% rally in 4 years

Gensol Engineering, known for its multibagger returns, will move from the BSE SME platform to the main board of the National Stock Exchange (NSE) on July 3. The company received approval after submitting its listing application and equity listing agreement. Gensol Engineering’s shares have seen remarkable growth, increasing over 2,000% since its listing and doubling investors’ wealth in one year. The company focuses on engineering solutions for solar power projects, with a portfolio of over 590 MWp. In the financial year ending March 2023, Gensol Engineering reported revenue of Rs 186 crore and a profit of Rs 13.55 crore.

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