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

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.