NZ's Gentrack on track for best day in nearly a year on Momentum Energy contract
20/10/2026 03:34
BUZZ-NZ's Gentrack on track for best day in nearly a year on Momentum Energy contract ** Shares of Gentrack Group GTK.NZ rise 7.9% to NZ$4.39, their biggest percentage gain since late November 2025
** Stock hits its highest since September 9
** Utility software provider wins contract from Australian energy supplier Momentum Energy to support over 200,000 meter points and deploy its g2 billing platform
** Adds Momentum will use co's technology to simplify operations and support AI-driven efficiencies
** More than 38,000 shares change hands, 1.7 times the 30-day average volume
** Stock down 47.9% YTD
(Reporting by Swetha Lakshmi in Bengaluru)
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