Genus Power Infrastructures
Recommendation: Buy
Price target: Rs 643
- Genus Power Infrastructure Ltd (GPIL) has bought a 6 mega watt (MW) power generation plant from Genus Power Products Ltd (GPPL).
- Subsequently, the shareholders of GPPL would receive one fully paid-up share of GPIL for every 60 fully paid-up shares of GPPL currently held by them.
ICICI Bank
Recommendation: Buy
Price target: Rs 1,528
- With a view to allay concerns over the difference in margins reported by ICICI Bank,
