BluSmart partner Gensol's shares dip 5% more after SEBI action

Shares of Gensol Engineering, a key partner of ride-hailing startup BluSmart, crashed 5% on Thursday for the second consecutive day. This comes after SEBI barred Gensol promoters Anmol and Puneet Singh Jaggi from the securities market over alleged fund diversion. Gensol Engineering's shares have fallen roughly 85% so far this year.