/ Genesys Bags Order From MCGM Stock Up By 8.43% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 19 January 2017




Genesys International is having a fruitful day on the bourses. The stock has witnessed a spurt in volumes by more than 2.09 times. The stock traded at its new 52 week high and has gained 10.06% intraday.

In a recent development, the company has bagged an order worth Rs 65 crore from MCGM in a consortium with Innowave IT Infrastructures. Implementation of this technology will help Mumbai to be the first city in India to create a state of the art property mapping system.

The stock of the company in the last one year has given a return of 132.54%. Currently, it is trading with a P/E of 46.15. In the last one year, the stock has outperformed the Small-cap index and the IT index. 

Genesys International Corporation Ltd is currently trading at Rs 146.3, up by Rs 11.1 or 8.21% from its previous closing of Rs 135.2 on the BSE. The scrip opened at Rs 139.5 and has touched a high and low of Rs 150 and Rs 137 respectively. So far 182986(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 411.65 crore.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 143.95 on 09-Jan-2017 and a 52 week low of Rs 40.4 on 25-Feb-2016. Last one week high and low of the scrip stood at Rs 141.9 and Rs 134.05 respectively. The promoters holding in the company stood at 57.7 % while Institutions and Non-Institutions held 13.17 % and 29.14 % respectively. The stock is currently trading above its 50 DMA.

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