Genus Power Infrastructures Faces Significant Selling Pressure Amid Broader Market Decline

Genus Power Infrastructures, a midcap player in the electronics components sector, faced notable selling pressure on January 13, 2025, with a decline of 5.18%. The stock opened lower, experiencing a gap down of 3.76%, and reached an intraday low of Rs 373.25, reflecting a drop of 5.17% during the session.
In the context of the broader market, Genus Power underperformed, with its one-day performance at -5.59%, compared to the Sensex's decline of 0.93%. Over the past month, the stock has decreased by 10.72%, while the Sensex saw a smaller decrease of 6.67%.

Currently, the stock's moving averages show it trading above the 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages. The electronics components sector overall has also experienced a downturn, with a decline of 2.85%.