Ashish Kacholia's portfolio multibagger IT stock in green as the company inks partnership with NNG for auto and mobility solutions!

The stock gave multibagger returns of 400 per cent in a span of 3 years whereas BSE Sensex Index is up by 51 per cent. I

Genesys International, one of the top homegrown players in advanced mapping and geospatial solutions, has announced a strategic partnership with NNG, a leading Automotive navigation and connected car technology solutions provider. Through this collaboration, the company aims to transform the Indian automotive industry by providing its clients with state-of-the-art AI-powered navigation and connected car solutions.

With over 22 years of operational expertise, NNG's technology is embedded in more than 30 million vehicles globally, collaborating with 34 prestigious automotive manufacturers, including Lamborghini, Ferrari, Renault, Ford, Mazda, Jaguar Land Rover, Harley Davidson, McLaren, and Porsche among others. The partnership between Genesys International and NNG will introduce Indian drivers to a unique connected car experience through a wide range of tailor-made solutions by integrating Genesys' elaborate mapping data with NNG's advanced AI-powered navigation systems.

This strategic partnership between Genesys International and NNG marks a significant milestone in the former’s growth journey in the automotive sector. Coupled with the launch of their AI-powered navigation maps, the company is poised to drive the future of connected cars in India, marking a new era of personalization and technological intelligence within the automobile sector.

Also Read: 1:1 Bonus Share & 10:1 Stock Split: Ashish Kacholia bought 9,10,000 shares of this multibagger civil construction company; Scrip hit upper circuit

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 2,300 crore with a 3-year stock price CAGR of 80 per cent.

On Friday, shares of Genesys International Corporation Ltd gained 2.83 per cent to an intraday high of Rs 612.65 per share from its previous closing of Rs 595.80. The stock gave multibagger returns of 400 per cent in a span of 3 years whereas BSE Sensex Index is up by 51 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.