Genesys International Corporation Ltd.

BSE: 506109 | NSE: GENESYS
Small Cap | IT - Software
432.95
20.75 (5.03%)
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Genesys International zooms on entering into strategic partnership with NNG

Date: 27-06-2024

Genesys International is currently trading at Rs. 600.00, up by 33.75 points or 5.96% from its previous closing of Rs. 566.25 on the BSE.

The scrip opened at Rs. 569.70 and has touched a high and low of Rs. 620.00 and Rs. 547.90 respectively. So far 52575 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 739.00 on 08-Apr-2024 and a 52 week low of Rs. 267.00 on 16-Aug-2023.

Last one week high and low of the scrip stood at Rs. 636.60 and Rs. 547.90 respectively. The current market cap of the company is Rs. 2414.33 crore.

The promoters holding in the company stood at 37.91%, while Institutions and Non-Institutions held 8.65% and 53.44% respectively.

Genesys International Corporation has entered into strategic partnership with NNG, a leading automotive navigation and connected car technology solutions provider. Through this collaboration, the company aims to transform the Indian automotive industry by providing its clients with state-of-the-art AI-powered navigation and connected car solutions. 

The partnership between Genesys International and NNG will introduce Indian drivers to a unique connected car experience through a wide range of tailor-made solutions by integrating the company's elaborate mapping data with NNG's advanced AI-powered navigation systems. This strategic partnership between Genesys International and NNG marks a significant milestone in the former’s growth journey in the automotive sector. Coupled with the launch of their AI- powered navigation maps, the company is poised to drive the future of connected cars in India, marking a new era of personalization and technological intelligence within the automobile sector.

Genesys International Corporation is an advanced mapping solutions company. With state-of-the-art infrastructure and a growing list of Fortune 500 and SME clients, it is well-positioned to play a significant role in the global GIS and Geospatial industry.