Genus Power Infrastructures Limited's wholly owned subsidiary has received two letters of awards (LOA) worth INR 3,115.01 million (net of taxes) for appointment of Advanced Metering Infrastructure Service Providers (AMISPs) including design of Advance Metering Infrastructure (AMI) system with supply, installation and commissioning with FMS of 34.790 million Smart Prepaid Meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis. Many State Electricity Boards (SEBs) have commenced the bidding process to procure smart meters, underscoring the positive implications of the 'Reforms-Based, Result-Linked Power Distribution Sector Scheme'. The company anticipates a sustained and significant increase in order volumes throughout the upcoming quarters of fiscal year 2024.
Genus Power Infrastructures Limited
Equities
GENUSPOWER
INE955D01029
Electrical Components & Equipment
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5-day change | 1st Jan Change | ||
297.5 INR | +4.99% | +2.80% | +28.29% |
May. 02 | Genus Power Infrastructures Forms New Subsidiary for Smart Metering Project | MT |
Apr. 29 | Genus Power Infrastructures Limited Announces Board Appointments | CI |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+28.29% | 937M | |
+10.46% | 157B | |
+30.16% | 141B | |
+40.34% | 132B | |
+17.97% | 65.41B | |
+2.87% | 39.01B | |
+117.78% | 36.96B | |
+7.34% | 32.37B | |
-11.35% | 30.88B | |
+10.89% | 29.2B |
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- Genus Power Infrastructures Limited Wins Order Worth INR 3,115.01 Million