36 lakh for installation of smart meters Rs. 3121 crore order received, the shares of this small company surged

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Shares of smallcap company Janus Power Infrastructure have risen like a rocket. Shares of this small company rose 5% on Monday to Rs. 267.80 was reached. Genus Power share Rs. A 52-week high of 290 has been reached. On Friday, shares of Jeans Power Infrastructure traded at Rs. closed at 255.05. This increase in the shares of Genus Power will give its subsidiary company Rs. Due to receiving orders of more than 3000 crores.

A huge order of 3121 crores has been received
Genus Power Infrastructures has said that its wholly-owned unit will invest Rs. 3121.42 crore letter of award (LOA) has been received. This order is for appointment of Advanced Metering Infrastructure Service Providers. The order includes design of advanced metering infrastructure system along with supply, installation and commissioning of 36.27 lakh smart prepaid meters. With this order, the company’s total order book has now crossed Rs 17,000 crore.

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Shares of the company have gained 198% in 6 months
Shares of Genes Power Infrastructures have seen a rapid rise in the last 6 months. On April 24, 2023, the shares of the company were Rs. were at 88.97. Shares of Genus Power on 23 October 2023 at Rs. 267.80 has been reached. The company’s stock has gained 198% in the last 6 months. At the same time, shares of Genus Power have gained 213% so far this year. Earlier this year, on January 2, 2023, the company’s shares traded at Rs. 84.65, which is now Rs. 267.80 has been reached.

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