Genesys International shines on securing order worth Rs 67 crore in Saudi Arabia
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Genesys International Corporation is currently trading at Rs. 372.70, up by 15.15 points or 4.24% from its previous closing of Rs. 357.55 on the BSE.
The scrip opened at Rs. 356.40 and has touched a high and low of Rs. 381.00 and Rs. 355.45 respectively. So far 12228 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 594.95 on 16-Sep-2022 and a 52 week low of Rs. 267.00 on 16-Aug-2023.
Last one week high and low of the scrip stood at Rs. 392.50 and Rs. 336.20 respectively. The current market cap of the company is Rs. 1434.50 crore.
The promoters holding in the company stood at 39.69% while Institutions and Non-Institutions held 6.35% and 53.97% respectively.
Genesys International Corporation has secured order worth Rs 67 crore in Saudi Arabia. With this, the cumulative order wins in Kingdom of Saudi Arabia (KSA) totaling Rs 76 crore. The work would involve creating Elevation models, digital form outputs, up-dation of buildings layer, transport network, hydrographic network, land cover database and alignment with the national geospatial platform. These accomplishments underscore the unwavering dedication, expertise, and trust clients bestow upon Genesys. The project will be completed in a period of eighteen months.
Of particular note is Genesys involvement with the NEOM project - considered one of the most landmark structures in the world - The Line. The Company has also recently concluded the indoor mapping of close to 24 airports in Saudi Arabia.
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.
