💨 Abstract

Gensol Engineering shares dropped 5% on March 10, marking the 10th consecutive day of losses. The decline follows the company's announcement that its promoters sold a 2.37% stake in the EPC firm. The sale aims to unlock liquidity, which will be reinvested into the business. Despite the divestment, the promoters will continue to hold a 59.70% shareholding.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖