 "Genesys International soars 20% on Quikr's investments plan in Genesys' venture")
Shares of Genesys International Corporation has locked in upper circuit of 20% at Rs 69.30 on the BSE after the company announced that Quikr, an online cross-category classifieds company, is making an investment in Genesys' venture A.N.Virtual World Tech Ltd.
"This investment by Quikr is a strategic move as it deepens its offerings in several verticals and consolidating its position in the online classifieds industry," Genesys International said in a BSE filing.
Genesys, a leading Indian geospatial and mapping Services Company sponsored WoNoBo (www.wonobo.com) - an unique immersive location based services platform which has helped bring small businesses online and also represents the single largest unique real estate dataset of all the major cities of India, it added.
Till 09:32 am, a combined 20,695 shares changed hands and there were pending buy orders for 34,518 shares on the BSE and NSE.
"This investment by Quikr is a strategic move as it deepens its offerings in several verticals and consolidating its position in the online classifieds industry," Genesys International said in a BSE filing.
Genesys, a leading Indian geospatial and mapping Services Company sponsored WoNoBo (www.wonobo.com) - an unique immersive location based services platform which has helped bring small businesses online and also represents the single largest unique real estate dataset of all the major cities of India, it added.
Till 09:32 am, a combined 20,695 shares changed hands and there were pending buy orders for 34,518 shares on the BSE and NSE.
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