The downgrade comes in response to ongoing delays in the servicing of Gensol Engineering’s term loan obligations.

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Gensol Engineering hit a lower circuit limit of 20% to Rs 413.95 after a significant credit rating downgrade by CARE Ratings.

Gensol Engineering shares hit the lower circuit, plunging 20% to Rs 413.95 after CARE Ratings downgraded its bank facilities ...

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Gensol Engineering's liquidity remains poor as reflected by the ongoing delay in debt servicing, CARE wrote in its note.

Gensol shares had touched an all-time high of Rs 2,527.05 on NSE in October 2023. From that peak to its intraday low on March ...

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