BluSmart partner Gensol's shares hit 52-week low after ED raid
Gensol Engineering's shares dipped another 5% on Tuesday to hit a 52-week low of ₹82.20 after the Enforcement Directorate raided its premises in Gujarat and Ahmedabad. The stock has lost roughly 90% of its value this year. The company, a key EV partner of BluSmart, is currently under multiple probes over alleged fund diversion by its founders.