Genus Power Infrastructures : The Sharekhan Research Team

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Genus Power Infrastructures
Cluster: Ugly Duckling
Recommendation: Buy
Price target: Rs643
Current market price: Rs385
Price target revised to Rs643
Genus Power Infrastructure Ltd (GPIL) has bought a 6 mega watt (MW) power generation plant from Genus Power Products Ltd (GPPL). Subsequently, the shareholders of GPPL would receive one fully paid-up share of GPIL for every 60 fully paid-up shares of GPPL currently held by them.

Source : The Sharekhan Research Team

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