Genesys completes major HD mapping project in North America

Genesys has developed a Autonomous Driving project for a community in North America. HD maps will enable the residents to have access to self-driving taxis at their doorstep. Following the development, the stock price gained over 4 per cent on Tuesday.

The HD maps have a high-precision navigational geometry and 360-degree Panoramic Imagery which will bring the automated cars to the door-steps of the residents enabling them to travel anywhere within the community autonomously. These HD maps are created from LiDAR source data which consists of billions of pixels or commonly referred to as a point cloud.

Genesys International Corporation Ltd is an India-based company, which is engaged in computer programming, consultancy and related activities. It is engaged in designing and developing complex location-based products and solutions for enterprises, government and consumers.

On Tueday, it reached intraday high of Rs. 180 per share and intraday low of Rs. 172.50 on the BSE. The stock's 52-week high is Rs. 390 and 52-week low is Rs. 166 per share on the BSE.

At 12:23 hours, the share was trading at Rs. 178.05, up by 4.6 per cent. The BSE Sensex was quoting 36,802 level, up by 0.23 per cent and Nifty50 was trading at 11,117 level, up by 0.29 per cent.