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Multibagger stock: Genus Power shares rose 5% to Rs 234.50 on BSE today against the previous close of Rs 223.35. Market cap of Genus Power rose to Rs 6041.61 crore.
Since July 2023, the company has secured a total of seven orders, amounting to about Rs 16,185 crore.
India Business News: Genus Power Infrastructures has secured a Rs 2,259.94 crore order for a smart meter project, bringing its total order book to over Rs 19,000 crore. Th
Genus Power Infrastructure secures ₹3,115 crore order for smart prepaid meters, share price locked in 5% upper circuit
The bidding procedure for smart meters has already started in many State Electricity Boards (SEBs), demonstrating the benefits of the 'Reforms-Based, Result-Linked Power Distribution Sector Scheme.'