EduInvesting.in | May 13, 2025 – Burnt Wires & Broken Dreams Edition
Once hailed as the Tesla of India’s EV infra story, Gensol Engineering became the hottest SME-to-mainboard crossover story. But today?
Price: ₹51
From Highs of ₹1,100+
That’s a 95% wipeout.
📉 So What Went Wrong?
Everything. But let’s start with the basics:
🔧 Gensol’s Original Pitch:
- EV charging infra? ✅
- Solar EPC? ✅
- Startup ecosystem darling? ✅
- Jaggi Bhai’s pump signal? 🛑✅
🚨 Retail Bloodbath Incoming
- Over 11 lakh retail investors now hold Gensol stock
- Most bought above ₹500, many chased in the ₹900–₹1000 zone
- Stock now crashing daily, locked in red like a bad Diwali firecracker
This isn’t just correction. It’s organized liquidation.
💼 Jaggi’s Alleged Role
Market circles and SME tracking forums allege that Gensol was part of a classic pump-and-dump:
- Heavily circulated on Telegram channels
- Spammed by “influencers” with 2-week targets of ₹2,000
- Coordinated volume spikes
- Operator groups cashed out in phases
Retail? Still holding. Still hoping.
📊 Company Fundamentals Snapshot
| Metric | Value |
|---|---|
| CMP | ₹125.95 |
| 52W High | ₹1,132 |
| Market Cap | ₹1,034 Cr |
| PE Ratio | 61x |
| ROE | 8.57% |
| Promoter Holding | 53.76% |
| EPS | ₹2.06 |
➡️ No debt, but no margin of safety either.
➡️ 60x PE on a business struggling to justify solar + EV hype.
🧠 EduInvestor Take:
“Gensol wasn’t a stock. It was a story. And like most stories sold to retail at the peak — it had a hero arc, a villain arc, and now a horror arc.”
🧾 How to Spot a Pump & Dump (Retrospective Checklist):
✅ Stock promoted in multiple WhatsApp & Insta groups
✅ Sudden 10x in volumes
✅ New retail shareholding jumps 400% in 1 quarter
✅ Price hits ₹1,100 with barely ₹30 Cr revenue growth
✅ No institutional holding
✅ Ends with bulk sell orders and silence
🎯 What Now for Retailers?
- Holding at ₹1000+? Sorry, you’re down 88%.
- Thinking to average now? Only if you’re allergic to money.
- Still bullish? Look at the delivery volumes. You’re holding the delivery bag. Jaggi is on a yacht.
🧠 Final EduTake
“Gensol taught us again — in India, every EV is not a Tesla. Some are just painted scooters with broken brakes. If your cousin said ‘Jaggi Bhai is in this stock’, that was your sign to run, not buy.”
