Ashish Kacholia's Portfolio Multibagger IT Stock in Green as the Company Launches India's First AI-powered Navigation Map for Auto and Mobility Industries

The stock gave multibagger returns of 435 per cent in a span of 3 years whereas BSE Sensex Index is up by 46 per cent.

Genesys International Corporation Ltd, an advanced mapping company has announced the launch of India's first AI-powered navigation map specifically designed for the automotive and mobility markets. This innovative solution represents a significant milestone in the evolution of the Indian automobile industry, marking a new era of personalization and location intelligence in driving experiences.

The newly launched map by Genesys features the largest navigable road network in India, covering 8.3 million kilometres and encompassing more than 30 million points of interest (POIs). This extensive coverage ensures that drivers have access to precise and reliable navigation, enhancing their overall driving experience.

Genesys has announced the launch of five innovative products designed to enhance the automotive and mobility industries. These products include Navigation with Augmented Reality (AR), Navigation with GPT AI Solution, Advanced Driver Assistance Systems (ADAS) with Intelligent Speed Assistance (ISA), an Online Marketplace, and Usage-Based Insurance (UBI). Each product leverages cutting-edge technology to provide a superior driving experience and open new revenue streams for both Genesys and its partners. The Navigation with AR offers augmented reality overlays for enhanced navigation, integrating real-time data from the vehicle’s dashcam and cameras to guide drivers intuitively.

The Navigation with GPT AI Solution provides AI-powered route planning and real-time adjustments, along with voice-activated assistance for seamless interaction. ADAS with ISA ensures compliance with Euro NCAP standards and incorporates advanced features like Lane Departure Warning and Traffic Sign Recognition to enhance driving safety and comfort. Additionally, Genesys has introduced an Online Marketplace integrated into the car’s connected companion app, allowing car owners to purchase a variety of products and services directly from their vehicle. This marketplace not only adds convenience but also generates new revenue streams. Lastly, the Usage-Based Insurance (UBI) model within the technology tracks driving behaviours to offer lower premiums for safer driving, benefiting both drivers and insurance providers. These innovations underscore Genesys’ commitment to advancing automotive technology and improving the overall driving experience.

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About Genesys International Corporation Ltd

Genesys International Corporation Ltd is engaged in providing geographical information services comprising of photogrammetry, remote sensing, cartography, data conversion, terrestrial and 3D geo-content including location navigation mapping and other computer-based related services. As of March 2024, an ace investor, Ashish Kacholia owns a 1.31 per cent stake in the company. Talking about the financials, Genesys is a Small-Cap company with a market cap of over Rs 2,500 crore with a 3-year stock price CAGR of 80 per cent.

Today, shares of Genesys International Corporation Ltd gained 3.94 per cent to an intraday high of Rs 636.60 per share from its previous closing of Rs 612.45. The stock gave multibagger returns of 435 per cent in a span of 3 years whereas BSE Sensex Index is up by 46 per cent. Investors should keep an eye on this small-cap IT stock.

Disclaimer: The article is for informational purposes only and not investment advice.