Stock of this metering solutions provider zooms over 200% in 3 months

Shares of Genus Power Infrastructures, a leading Metering solutions provider & manufacturer for the power distribution industry, were locked in the 10 per cent upper circuit at Rs 263.85 on BSE on Monday at 10:55 AM backed by heavy volumes. A combined 1.3 million shares changed hands and there were pending buy orders for around 200,000 shares on the BSE and NSE.

In past one month, the stock has rallied nearly 50 per cent as the company anticipates a robust surge in order volumes to continue during the forthcoming quarters of fiscal year 2024.