Gensol Engineering’s promoters sold 2.37% equity to unlock liquidity for reinvestment following a 70% stock plunge over eight trading sessions. The company is considering a stock split and various fundraising options, and its CFO recently resigned. Multiple credit rating downgrades exacerbated the stock decline.
FPIs open March with largest daily pullout in 4 months
Foreign investors pulled out a significant $751.4 million from Indian equities on March 2, ending a strong February inflow. This reversal, driven by escalating Middle