highlights
Genesis stock has provided investors with several times higher gains compared to its peers.
The stock is up 16 percent over the past year.
In three years, this stock has posted a gain of 1100 percent.
New Delhi. Genesys International Corporation Limited’s multibagger stock, which has increased investors’ money 12-fold in three years, is ready to fly again. This small-cap stock, under pressure in 2023, is up 16 percent versus the BSE over the past month. In the last trading session, Friday, Genesis shares closed at Rs.347.50, up 0.27 percent. This stock had risen to 356.50 rupees on the day. The share price on May 18, 2020 was Rs. 28.75. In this way, this stock has given investors a 1100 percent return in three years.
Geographic information systems (GIS) expert service provider Genesis International has given investors profits many times greater than its peers over a three-year period. In three years, Sasken Tech’s stake has increased by 123 percent and Subex Limited’s stake by 407 percent. At the same time, Genesis stock is up 1100 percent. The benchmark BSE Sensex increased by only 104 percent during this period.
Also read this – These 4 stocks can be “Lanka” of your portfolio, broker said – is it good to just sell them? Do you know the name of the shares
boom again
Genesis International stock has declined since last year. This stock is down about 20 percent in a year. So far, this proportion has fallen by 24.70 percent in 2023. It’s down about 33 percent in the last 6 months. But over the past month, the stock has regained momentum and is up 16 percent. In the last five trading sessions alone, the stock is up 9 percent. On Friday, Genesis International stock traded above the 5-day, 20-day and 50-day moving averages. However, trading was below the 100-day and 200-day moving averages.
1 lakh became 12 lakh in three years
Genesis International Corporation Limited shares have given investors huge gains in three years. The stock has gained 1100 percent in three years. If an investor invested Rs. 1 lakh in this stock three years ago and kept his investment, the Rs. 1 lakh investment is now worth Rs. 12.40 lakh.
(Disclaimer: The stocks mentioned here are based on advice from brokerage houses. If you are interested in investing in these stocks, please consult a certified investment adviser first. News18 is not responsible for your gain or loss of any kind. Will happen.)
,
Keywords: Business news in Hindi, Multibagger Stocks, stock market, Stock Tips
FIRST RELEASED : May 21, 2023 12:49 PM IST
