Gensol Engineering’s board will consider a stock split of shares from a face value of Rs 10 during its March 13 board meeting, alongside discussing fundraising methods. Promoters sold 2.37% equity to reinvest in the business while Gensol’s shares fell 70% due to credit rating downgrades.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of