Shares of Gensol Engineering continued their downward spiral on Tuesday, plunging 5% after the resignation of the company’s promoters, Anmol Singh Jaggi and Puneet Singh Jaggi.

On the BSE, the stock declined 4.99% to Rs 51.84, touching both its lower circuit limit and a new 52-week low. Similarly, on the NSE, the shares dropped 5% to Rs 51.25 — the lowest permissible trading limit for the day and also a fresh 52-week low.