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    Buy Genus Power Infrastructures, target price Rs 81: Yes Securities

    Synopsis

    Genus Power Infrastructures Ltd., incorporated in the year 1992, is a Small Cap company (having a market cap of Rs 1916.64 Crore) operating in Electric/Electronics sector.

    BuyThinkStock Photos
    After breaking through the previous week’s high, bulls have regained momentum. Sustenance could unlock further upside potential.
    Yes Securities has buy call on Genus Power Infrastructures with a target price of Rs 81. The current market price of Genus Power Infrastructures Ltd. is Rs 74.55. Time period given by analyst is Intra Day when Genus Power Infrastructures Ltd. price can reach defined target.

    Genus Power Infrastructures Ltd., incorporated in the year 1992, is a Small Cap company (having a market cap of Rs 1916.64 Crore) operating in Electric/Electronics sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 192.91 Crore, up 2.90 % from last quarter Total Income of Rs 187.47 Crore and down -23.42 % from last year same quarter Total Income of Rs 251.89 Crore. Company reported net profit after tax of Rs 28.65 Crore in latest quarter.

    Investment Rationale
    After breaking through the previous week’s high, bulls have regained momentum. Sustenance could unlock further upside potential.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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