27-09-2024 03:50 PM | Source: Accord Fintech
Genesys International rises on bagging Rs 35 crore projects from NEOM, Saudi Geological Survey

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Genesys International Corporation is currently trading at Rs. 785.85, up by 2.75 points or 0.35% from its previous closing of Rs. 783.10 on the BSE.

The scrip opened at Rs. 787.10 and has touched a high and low of Rs. 800.00 and Rs. 783.40 respectively. So far 30197 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 855.50 on 04-Sep-2024 and a 52 week low of Rs. 299.00 on 08-Nov-2023.

Last one week high and low of the scrip stood at Rs. 800.45 and Rs. 758.00 respectively. The current market cap of the company is Rs. 3119.61 crore.

The promoters holding in the company stood at 37.86%, while Institutions and Non-Institutions held 8.29% and 53.85% respectively.

Genesys International Corporation has bagged two new awards from NEOM, one of the most transformative urban projects and the Saudi Geological Survey Authority. The projects are collectively valued at Rs 35 crore and signifies progress in the adoption geospatial technology for infrastructural development in Saudi Arabia.

NEOM is a territory of 26,500 square kilometres undergoing the world’s most innovative and visionary transformation in urban planning and environmental engagement. Genesys will be working for Land Affairs Compliance and Enforcement division of NEOM to achieve high accuracy mapping and verify land use compliance and enforcement function on all LUP’s. The company will cover all master plan build areas including Oxagon, Gulf of Aqaba, Trojena and the Line/Spine.

The Saudi Geological Survey project shall focus on developing a Spatial Information System to manage geological risks in the Makkah Al-Mukarramah and Riyadh regions, as part of the Authority's Natural Geological Risks Monitoring Initiative. 

Genesys International Corporation 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.