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Genus Power Gets ICICI Securities Downgrade On Recent Stock Run-Up

Summary by NDTV Profit
Genus had struck a marquee deal with GIC for an equity investment of Rs 5.2 billion for 15% stake in the company in Q1 FY24. Also, it is setting up a platform to bid for smart meter tenders in the future (Genus shall be the sole supplier of smart meters to this platform).NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies…
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NDTV Profit broke the news in on Thursday, June 5, 2025.
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