The Stock Market has started well in the domestic market. Sensex and Nifty are trading at around 0.10 percent growth. The Sensex has gained nearly 150 points, while the Nifty has reached 10113.
Top Value pick for Long term
We have Selected Genus Power Infrastructures as top value pick for 12 month investment perspective. Expert says that in the next 18 months this stock can achieve the target of 89 rupees.
Genus is the power maker’s electric meter maker. The company has 27 percent of the domestic market, while 70 percent of the market share in smart meters is part of the company. In the financial year 2017-2019, the company’s Income is expected to grow by 20 percent. The company has reduced the debt and has an order book of 1,226 crore for the company.
@ Buy Genus Power Infrastructures for Long Term between 65 to 68 for targets 89 with Stop Loss 53. you can hold it 12 to 18 month.