5800% profit in 3 years, then the shares of this company started rocketing, the reason is Gujarati.

New Delhi. Jinsol Engineering has bagged an order worth Rs 1,340 crore from Gujarat’s state-owned energy company Gujarat Arja Vikas Nigam Limited. The company’s shares moved to an upper circuit of 5 percent throughout the day on Wednesday after news of the order. However, by the market close, it fell slightly and ended at 4.83 percent on the BSE. Shares of the company closed at Rs 1066.40 on BSE. It had touched Rs 1068 in the day’s trade.

It is a multi-bagger stock which has given its investors a return of around 5800% in 3 years. Now after this order, this stock is expected to rise again in a short period of time. We inform you that market veteran Mukal Aggarwal also has an investment in Gensol.

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What order have you received?
Jinsol Engineering has received an order worth Rs 1,340 crore from a Gujarat government company for a 250 MW/500 MW battery energy storage project. The company says the project will boost availability of renewable energy and provide on-demand power to distribution companies in Gujarat. This is the country’s first battery energy storage project of this scale. Anmol Singh Jaggi, MD, Jansol Engineering, said the project reflects Jansol’s confidence and expertise in the renewable energy sector.

Share position
Shares of Gensol Engineering have given their investors a return of 235% in the last one year. Also, this share has increased by 5825% in the last 3 years. Gensol had also issued bonus shares in the ratio of 2:1 last year.

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