Genus Power Infrastructures Faces Continued Decline Amid Broader Market Challenges

Feb 10 2025 01:50 PM IST
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Genus Power Infrastructures has seen a significant decline in its stock price, dropping for two consecutive days and underperforming its sector. The stock is trading below its moving averages and has experienced a notable downturn of over 22% in the past month, contrasting with the minor dip in the Sensex.
Genus Power Infrastructures, a midcap player in the Electronics - Components sector, has experienced a notable decline today, with shares dropping by 5.03% on February 10, 2025. This performance marks a continuation of a downward trend, as the stock has now fallen for two consecutive days, accumulating a total decline of 5.05% during this period.

In terms of market positioning, Genus Power's performance today underperformed its sector, which saw an overall decline of 3.32%. The stock reached an intraday low of Rs 303.65, reflecting a decrease of 5.11% at its lowest point. Additionally, Genus Power is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

Over the past month, Genus Power Infrastructures has faced a significant downturn, with a decline of 22.38%, contrasting sharply with the Sensex, which has only dipped by 0.24%. This performance highlights the challenges faced by the company in the current market environment.
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