{
Genus Power

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Genus Power Shares Drop After Enforcement Directorate Conducts Search Operations

Genus Power's shares fell 5% to Rs 449 after the Enforcement Directorate conducted searches at the company's corporate office and the Chairman's residence. Despite the investigation, the management assured that business operations remain unaffected and they are cooperating fully with the authorities. This year, the stock has surged nearly 90%, outperforming the Nifty 50's 12% rise, and recently reached a 52-week high of Rs 485.
Moneycontrol
Genus Power IND
Regulatory & Legal, Market Report
08:33 05.12.2024
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