This small-cap smart meter stock is engaged in manufacturing and providing metering and metering solutions and undertaking engineering, construction, and turnkey contracts, plunged by 5.09 percent despite the company reporting strong quarterly results with a 132.58 percent YoY increase in revenue, and in this article, we explain the reasons behind its share price decline. Stock [...]
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
Multibagger Stock engaged in the business of manufacturing and providing meters and metering solutions hit a 5 percent upper circuit in the day’s trade after it received orders worth Rs. 1,026 Crores. In the day’s trade, the shares of Genus Power Infrastructure Limited hit a 5 percent upper circuit at Rs. 234.50 and its market [...]
The shares of one of the leading manufacturing company gained up to 5 percent after the company received an order worth Rs 2,259.94 Crores. With a market capitalization of Rs 6,469.29 Cr, Genus Power Infrastructure Ltd. shares were trading at Rs 259 a share, an increase of 2.90 percent from the previous close price of [...]
On Monday this small-cap stock hit 5% upper circuit after the company’s subsidiary received an order worth Rs. 3,121.42 Cr. Currently, the stock is trading 10% away from the 52-week high and 3.5% & 45% above the 50-day and 200-day moving averages respectively. Genus Power Infrastructure Ltd With a market capitalization of Rs. 6,775 Cr [...]
The shares of the leading player in the energy metering solutions business touched a 5 percent upper circuit to the 52-week high price of Rs 285.05 apiece after the company incorporated its subsidiary for the execution of Advanced Metering Solutions. The shares of Genus Power Infrastructure Ltd, with a market valuation of Rs 7,343 crores, [...]
On Friday this small-cap company hit a 5% upper circuit after its step-down subsidiary received an LOA of Rs. 2,247 Cr. Due to strong and rising volume that is higher than usual when compared to the previous day and week, the stock price has remained high. Both the 50-day and 200-day moving averages of the [...]
On Friday this Multi-bagger stock opened at Rs. 203.70 and went by the upper circuit's 10% upper limit. The company's disclosure of a 92% increase in net profit. The Relative Strength Index (RSI) of this company stands at 71.52 and the stock is trading above the 50-day and 200-day moving average. Genus Power Infrastructure Ltd [...]
