Genesys International jumps on receiving investment of Rs 250 crore
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Genesys International Corporation is currently trading at Rs. 589.95, up by 5.65 points or 0.97% from its previous closing of Rs. 584.30 on the BSE.
The scrip opened at Rs. 613.50 and has touched a high and low of Rs. 613.50 and Rs. 565.00 respectively. So far 9744 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 658.30 on 05-Apr-2022 and a 52 week low of Rs. 102.60 on 18-Jun-2021.
Last one week high and low of the scrip stood at Rs. 613.50 and Rs. 506.60 respectively. The current market cap of the company is Rs. 1868.97 crore.
The promoters holding in the company stood at 47.80%, while Institutions and Non-Institutions held 5.51% and 46.69% respectively.
Genesys International Corporation has received an investment of Rs 250 crore equity led by Malabar India Fund and other Marquee Investors to strengthen its 3D Digital Twin Content Program. The content platform which was launched by Niti Aayog is creating the most state of art mapping content for India thanks to the landmark new geospatial policy.
Genesys was the first company in India to launch the street imagery immersive content for all major Indian cities along with an all-India vector map. The Genesys constellation is now India’s largest sensor constellation capable of acquiring terrestrial, oblique and aerial imagery at high speeds and accuracy.
Genesys International is an advanced mapping solutions company. With state-of-the-art infrastructure and a growing list of Fortune 500 and SME clients, it is well-positioned to play a significant role in the global GIS and Geospatial industry.
