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

Gensol Engineering was downgraded by CARE Ratings primarily due to delays in servicing term loan obligations, as reported by the company’s lenders.

Gensol Engineering stock tanked another 10% to a fresh 52 week low of Rs 372.60 on BSE in the current session.

Gensol Engineering shares hit the lower circuit, plunging 20% to Rs 413.95 after CARE Ratings downgraded its bank facilities due to loan servicing delays. The stock is down 63% from its peak, trading ...

The S&P BSE Sensex, fell 96.01 points or 0.13% to 72,989.93. The Nifty 50 index shed 36.65 points or 0.17% to 22,082.65.

The Sensex and Nifty were down 18 percent and 19 percent, respectively, from their record highs in September, weighed down by growth concerns, weak corporate earnings, relentless foreign selling, and ...

Gensol Engineering shares plunged 10% to a 52-week low of Rs 372.60 on the BSE, extending a 28% fall over two sessions. The ...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2604.12, up 3.3% (+83.6 ...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2658.12, down 7.2% (-205. ...