Genesys International shines on partnering with SatSure
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Genesys International Corporation is currently trading at Rs. 810.85, up by 51.30 points or 6.75% from its previous closing of Rs. 759.55 on the BSE.
The scrip opened at Rs. 748.35 and has touched a high and low of Rs. 830.00 and Rs. 748.35 respectively. So far 58579 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. 830.00 and Rs. 666.60 respectively. The current market cap of the company is Rs. 3232.67 crore.
The promoters holding in the company stood at 37.34%, while Institutions and Non-Institutions held 8.16% and 54.49% respectively.
Genesys International Corporation has entered into a partnership with SatSure, a leading Indian company in satellite remote sensing funded by the Indian Private sector banks. Genesys is renowned for its high-accuracy 3D Digital Twin creations and LiDAR data integration, providing fully navigable maps and street imagery for close to 1,500 towns and cities across India.
The collaboration aims to merge Genesys’ detailed 3D mapping and LiDAR expertise with SatSure’s satellite-based remote sensing and AI-driven platform capabilities, unlocking powerful, data-driven solutions across aviation, forestry, disaster management, and utilities. Through this unique partnership, both companies will leverage AI to enhance the resolution, coverage, and analytics capabilities available to customers, providing comprehensive, actionable insights that enable informed decision-making.
The alliance will focus on joint product development, integrating aerial and satellite data into bundled solutions with standardized data formats and advanced analytics. This integrated approach empowers clients to access deeper insights and improved operational efficiency across sectors, including: Aviation, Forestry, Disaster Management and Utilities.
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.
