Gensol Engineering shares plunge 28% in 2 days after CARE Ratings downgrade

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 drop followed CARE Ratings' downgrade due to loan servicing delays. The stock has declined 63% from its peak, with technical indicators signaling continued weakness amid liquidity concerns and bearish momentum.