India's Genus Power climbs on winning $271 mln order

Genus Power Infrastructures

08/11/2023 06:30

** Shares of Genus Power Infrastructures  GEOE.NS  rise
4.95% to 264 rupees
    ** Smart metering solutions provider wins order worth 22.60
bln rupees ($271.4 million)
    ** Co to supply, install and commission flow metering skid
(FMS) of 2.73 mln smart prepaid and system meters
    ** Trading volume is 1.3 mln shares as of 11:52 a.m. IST,
2.6 times the 30-day avg - LSEG data
    ** Including day's gains so far, stock up 207% in 2023

($1 = 83.2600 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))