DP Money Watch - Power Up Your Portfolio With Genus

DP Money Watch is back after a long break, this time with new and improved stock tips and investment advice. We start of with a review of Genus Power Infrastructures.

Genus Power Infrastructures (Genus) is a ISO 9001:2000 certified Power Infrastructure company which manufactures electronic meters, power inverters, closed loop metering solutions and Hybrid microcircuits. Its an MNC in the making with offices in USA, Singapore, China, India and manufacturing facilities in Africa ,Brazil and India.

The Company’s Financial performance shows a robust growth of more than 80 % YOY in Net profits. Q1 in FY09 showed a 20% growth in the top and bottom lines as compared to FY08.

The Company has orders worth Rs. 450 crores and another Rs. 500 crore worth of bids are in the pipeline.

Buy is recommended at CMP of Rs.310. Now is a great time to buy this stock as a long term investment as it has fallen to 30% of its all time High price of Rs. 1050.

This report has been prepared solely for information purposes and the information contained herein may not be deemed to be an investment advice. Such information is impersonal and not tailored to the investment needs of any specific person. The information contained herein is not a complete analysis of every material fact representing any company, industry or security. The views expressed may change. While the information contained herein has been obtained from sources believed to be reliable, no responsibility (or liability) is accepted for the accuracy of its contents. Investors are advised to satisfy themselves before making any investments and should consult with and rely upon their own advisors whether and how to use such information in making any investment decision.

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posted by Ashok in Financial Markets |