Genus Power in limelight

Genus Power, which had closed yesterday at Rs.71.35, opened today at Rs.72 and went on to an intraday high at Rs.74.90. Its 52-week high is at Rs.93.85.

The company announced today afternoon that it has received Rs. 325 crore worth of orders. These orders are across Exports geography and Domestic geography. Within Domestic Geography, orders have been received for Smart Meters across multiple State Electricity boards and Gas Meters.

These orders will be executed over next 12 months.

With these orders, the company has crossed Rs. 1,000cr orderbook.

The company also said that the tendering activity to pick up and increase the pace of execution.