Genesys International surges on partnering with Bentley Systems
Genesys International Corporation is currently trading at Rs. 557.95, up by 21.45 points or 4.00% from its previous closing of Rs. 536.50 on the BSE.
The scrip opened at Rs. 548.90 and has touched a high and low of Rs. 558.70 and Rs. 545.00 respectively. So far 846 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 669.85 on 29-Jul-2022 and a 52 week low of Rs. 196.65 on 29-Sep-2021.
Last one week high and low of the scrip stood at Rs. 571.95 and Rs. 510.10 respectively. The current market cap of the company is Rs. 1978.06 crore.
The promoters holding in the company stood at 47.62%, while Institutions and Non-Institutions held 5.18% and 47.19% respectively.
Genesys International has partnered with Bentley Systems to provide 3D mapping capabilities for major cities across India. This massive mapping and surveying project has begun and will capture most of urban India. Genesys previously partnered with Bentley to successfully pilot an earlier digital twin solution that enabled the smart inventory management of telecom infrastructure using Bentley’s OpenTower iQ software. The robust solution provided operators with accurate and up-to-date information on planning and installing 5G towers, which saved time as well as the cost of conducting labor-intensive tower inspections.
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.