Australia's GenusPlus gains on $84 million NBN contract

Genusplus

11/06/2025 02:33

** GenusPlus Group shares GNP.AX up 3% to A$3.45, highest level since June 5

** On track for strongest intraday pct rise since May 20, if gains hold

** Communication infra provider wins A$130 million ($84.66 million) contract from National Broadband Network (NBN) to upgrade fibre

** YTD - stock up 31.7%, including day's moves

($1 = 1.5356 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))