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Top News In Advanced Metering Infrastructure Service Provider Today - Breaking & Trending Today

Genus Power stock freezes at 20% upper circuit, skyrockets by 46% in 4 days after big deal win, management commentary

Genus Power s stock surged 20% after signing agreements with Gem View Investment, a Singapore affiliate, to establish a platform for advanced metering infrastructure services. GIC will hold a majority stake of 74% in the platform, with Genus holding 26%. ....

Infrastructure Service Provider , Bombay Stock Exchange , National Smart Metering , Genus Power , Advanced Metering Infrastructure Service Provider , Investment Pte , National Smart Metering Project , Revamped Distribution Sector Scheme ,

Multibagger smallcap zooms over 15%, hits 52-week high on order win boost

Shares of Genus Power Infrastructures soared over 15% after the company secured a Rs 2,207.53 crore order for the design, installation, and commissioning of 27.69 lakh smart prepaid meters. Jitendra Kumar Agarwal, Joint MD of the company, said the order win provides added revenue visibility for the coming years and signals a strong start to order inflow in FY24. The implementation of the Revamped Distribution Sector Scheme (RDSS) is expected to have a significant impact on the Indian metering industry. The stock has surged 67% year-to-date. ....

Jitendra Kumar Agarwal , Infrastructure Service Provider , Genus Power Infrastructures , Power Infrastructures , Advanced Metering Infrastructure Service Provider , Smart Prepaid Meters , Feeder Meter , Kumar Agarwal , Joint Managing Director , Revamped Distribution Sector Scheme , Genus Power ,