Genesys International hits 20% upper circuit

The company has announced that Quikr - India's dominant online cross category Classifieds Company is making an investment in Genesys' venture A.N.Virtual World Tech Ltd.

Oct 09, 2015 10:10 IST India Infoline News Service

News Newspaper Text
Shares of Genesys International Corporation Ltd has hit 20% upper circuit at Rs. 83.
The company has announced that Quikr - India's dominant online cross category Classifieds Company is making an investment in Genesys' venture A.N.Virtual World Tech Ltd.
Genesys, a leading Indian geospatial and Mapping Services Company sponsored WoNoBo (www.wonobo.com) - an unique immersive location based services platform which has helped bring millions of small businesses online and also represents the single largest unique real estate dataset of all the major cities of India.

The scrip opened at Rs. 83 and has touched a high and low of Rs. 83.15 and Rs. 83 respectively. So far 53783(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 211 crore.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 79 on 16-Oct-2014 and a 52 week low of Rs. 42.05 on 08-Sep-2015. Last one week high and low of the scrip stood at Rs. 69.3 and Rs. 53.1 respectively.
The promoters holding in the company stood at 57.7 % while Institutions and Non-Institutions held 13.4 % and 28.9 % respectively.
The stock is currently trading below its 50 DMA.

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