techonology gensol engineering share price hits 5 upper circuit despite ireda s insolvency move

Gensol Engineering Share Price Hits 5% Upper Circuit Despite Ireda's Insolvency Move

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Amid ongoing financial troubles, Gensol Engineering's stock rebounded slightly, reaching ?62.44. This came after IREDA filed for insolvency over ?510 crore default, while SEBI barred the company's promoters from trading and ordered a forensic audit due to loan misappropriation allegations.