You must be using electricity and also paying the electricity bill. In such a situation, it is quite possible that you have not paid attention, but you have already had a connection with the company whose story we are going to tell today. The power stock about which we are going to tell you today has shown tremendous power in the stock market.
The investors of the company became rich
this is the story Genus Power Infrastructures Ltd. of shares. This stock has proved to be a multibagger in the recent past. The stock of Genus Power Infrastructures Ltd has given more than 500% returns during the last three years and thus made its investors rich.
Bumper boom has come in 3 years
The stock of Genus Power Infrastructures Ltd was trading around Rs.26 3 years ago. It was trading just above Rs 162 at one o’clock in Wednesday’s business. In this way, in the last three years, the price of this share has increased by about 525 percent. In other words, this stock has shown a gain of more than 6 times in the last three years.
gave continuous multibagger returns
The stock has been consistently profitable except in the recent few sessions. It has fallen about 1 percent in today’s trade. In the last 5 days, its price has fallen by about 7 percent. At the same time, in the last one month, it has climbed above 55 percent. In the last 6 months, it has shown a gain of 92 percent, while during the last one year, the price of this stock has strengthened by more than 105 percent.
what does the company do
This company mainly manufactures and sells electricity meters. The company also prepares special metering solutions according to special requirements. Apart from this, Genus Power Infrastructures Ltd also undertakes engineering, construction and contracting works on turnkey basis. The company also earns from strategic investment.
Disclaimer: The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. It is never advised here to invest money on behalf of ABPLive.com.
read this also: Owner of crores, own helicopter… Brij Bhushan has immense wealth
