Genus Power has given greater than 200 % return in the previous one 12 months.
Genus Power Infrastructures is {an electrical} gear manufacturing firm, which primarily gives sensible metering options.
Over the previous 10 years, Genus Power Infrastructures Limited has given enormous returns to traders. What’s outstanding about this multibagger inventory is that it has delivered substantial earnings not solely in the long run but additionally in the quick time period. Long-term traders have gained over 2,000 % returns on this inventory since its inception. Moreover, in simply the final six months, Genus Power’s shares have supplied traders with a return of over 188 %.
Genus Power Infrastructures Limited primarily manufactures and sells electrical meters. The firm additionally prepares particular metering options primarily based on particular requirement. The firm lately acquired two important orders for sensible meters value Rs 3,115.01 crore. Under this order, Genus Power is required to offer advance metering infrastructure companies.
Additionally, the corporate will provide, fee, and set up pay as you go meters. Following these orders, the corporate’s complete order guide has exceeded Rs 14,000 crore.
Genus Power has given greater than 200 % return in the previous one 12 months. In the final six months, the inventory has seen an 188 % improve. Moreover, the corporate has given its traders a 744 % return over 5 years.
The shares of Genus Power Infrastructure have been buying and selling 1.28 % larger at Rs 257 apiece on the National Stock Exchange (NSE) on Friday, at 12:34 pm. The inventory opened at Rs 256.60 per share and reached a excessive of 260.95 in intra-day session.
Investors who invested Rs 1 lakh in Genus Power Infrastructures shares in 2013 and held their funding have seen its worth growing to about Rs 26 lakh at this time. Ten years in the past, on October 25, 2013, the inventory was priced at solely Rs 9.75 apiece, which has now risen to Rs 257, representing a staggering improve of two,535.89 %.
Furthermore, contemplating the inventory’s 12 months-over-12 months positive factors, if an investor had invested Rs 1 lakh in this multibagger inventory only a 12 months in the past, the funding would have become almost Rs 3 lakh.
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