Introduction:
Leading geospatial solutions provider has secured a Rs. 56 crore contract with the Directorate of Land Records and Surveys (DLRS), West Bengal. The project aims to modernize the state’s land records using advanced geospatial technology for improved administration and accuracy.
Share price movement of Genesys International:
On December 17, 2024, Genesys International opened at ₹932.40, up 3.34% from its previous close of ₹902.30. The stock reached a high of ₹990.00 (9.70%) and a low of ₹909.65. By 3:29 PM, it traded at ₹962.40, a 6.66% increase, with a market cap of ₹3,822.69 crore.
Genesys wins Rs. 56 crore project:
Genesys International Corporation Ltd has secured a Rs. 56 crore contract from the Directorate of Land Records and Surveys (DLRS), West Bengal. The project aims to modernize the state’s land records using advanced geospatial technology to improve land administration.
The modernization process will rely on cutting-edge technology, including precision mapping and georeferencing, to ensure greater accuracy in land records. The project will also incorporate stereo and mono imagery as input data for generating high-resolution orthorectified images and cadastral maps.
Genesys will use stereo image pairs to create 3D terrain models essential for orthorectified image generation. Mono satellite images will also support additional mapping requirements, ensuring comprehensive land records modernization in West Bengal.
Ace investor holding in Genesys International:
Sundar Iyer
Sundar Iyer holds a 3.99% stake in Genesys International Corporation Ltd, owning 1,579,483 shares valued at ₹152.5 crore. This significant holding reflects Iyer’s confidence in the company’s growth potential and market performance.
Karthik Sundar
Karthik Sundar holds a 1.39% stake in Genesys International Corporation Ltd, owning 550,000 shares valued at ₹53.1 crore. This investment underscores Sundar’s strong confidence in the company’s prospects and market potential.
Stock performance of Genesys International for Period of 1 week, 6 months and 1 year:
Over the past week, Genesys International saw a decline of 6.23%. However, the company has demonstrated strong growth with a 50.6% increase over the last six months and a remarkable 106% return over the past year.
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Shareholding pattern of Genesys International:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 37.30% | 37.90% | 37.90% |
| FII | 8.00% | 8.20% | 8.60% |
| DII | 0% | 0.10% | 0% |
| Public | 54.50% | 53.90% | 53.40% |
About Genesys International:
Genesys International (NSE: GENESYS) is a leading Indian geospatial solutions provider, specializing in 3D Digital Twin mapping and LiDAR-based GIS platforms. It delivers advanced mapping solutions for industries like urban planning, transportation, and environmental monitoring.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
