Genus Power Infrastructures shines on receiving LoA of Rs 2,855.96 crore
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Genus Power Infrastructures is currently trading at Rs. 91.35, up by 5.45 points or 6.34% from its previous closing of Rs. 85.90 on the BSE.
The scrip opened at Rs. 85.90 and has touched a high and low of Rs. 93.80 and Rs. 84.70 respectively. So far 258421 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 113.00 on 21-Apr-2022 and a 52 week low of Rs. 58.20 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 94.80 and Rs. 84.70 respectively. The current market cap of the company is Rs. 2353.13 crore.
The promoters holding in the company stood at 50.43%, while Institutions and Non-Institutions held 7.66% and 41.91% respectively.
Genus Power Infrastructures and its 100% subsidiary company - Hi-Print Metering Solutions have received letter of awards (LoA) of Rs 2,855.96 crore for appointment of Advanced Metering Infrastructure Service Provider (AMISP) including design of AMI system with supply, installation and commissioning of 29.49 lakh Smart Prepaid Meters, DT Metering, HT & Feeder Metering Level energy accounting and FMS of these 29.49 lakh smart meters.
Genus Power Infrastructures (GPIL) is engaged in the manufacture and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad.
