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Buy Genus Power As Its Going For New High

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Buy Genus Power : Genus power is at its 52 week high.  GIC is taking 74% stake in this company.  The function of the company is producing Electric Meter.  Shareholding Pattern - Promoters 50.43% FII.                2.33% DII.                5.24% Public.         42.00% Total income is 180cr.  Total Expenditure is 179cr.  Net Profit is -22Cr. Reserve is 957cr.  3 year CAGR sales is -12% from -19%. CAGR profit is -36% from +8% Debt to Equity is 0.35 As if GIC is buying it,  the shares seems best for long term investments. 

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