India's Genus Power Infra hits record high on $267 mln order win

Genus Power Infrastructures

08/08/2023 07:20

** Shares of meter maker Genus Power Infrastructure
 GEOE.NS  up as much as 7.93% to a record high of 196 rupees
    ** Stock's sharpest intraday pct gain since July 17; on
track for third consecutive session of gains if trends hold
    ** GEOE's unit receives order worth 22.10 billion rupees 
($266.92 million) under Revamped Distribution Sector Scheme 
    ** About 2.1 million shares change hands as of 11:41 a.m.
IST, 0.6x 30-day average of 3.8 million shares 
    ** Stock has climbed more than 100% this year as of last
close

($1 = 82.7950 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))