India's Genus Power slides as government body searches offices

Genus Power Infrastructures

05/12/2024 04:18

** Shares of electrical components and equipment maker Genus
Power Infrastructure  GEOE.NS  fall 5% to 440 rupees
    ** Stock posts biggest intraday drop since Oct 22
    ** Co says Directorate of Enforcement conducted a search at
its office and chairman's residence
    ** Stock set to fall for the week after two straight weeks
of gains; but has jumped ~90% YTD

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))