India's Genus Power Infrastructures hits record high on order win

Genus Power Infrastructures

29/08/2024 05:07

** Shares of Genus Power Infrastructures  GEOE.NS  rise 5%
to 465.80 rupees, hitting a record high and its upper circuit
    ** Electrical components and equipment maker's unit gets
orders worth 44.69 billion rupees ($532.6 million) 
    ** GEOE up ~23% in August so far, on track for best month
since April 2024
    ** Stock up ~101% so far this year, had surged ~174% in 2023
for fourth straight year of gains


($1 = 83.9025 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))