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Shares of Genesys surge as it becomes the official guide for Ayodhya via the New India map platform

11 January 20243 mins read by Angel One
The New India map platform offers an immersive 3D experience, allowing users to explore the city's streets, landmarks, and hidden gems with ease.
Shares of Genesys surge as it becomes the official guide for Ayodhya via the New India map platform
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About the platform 

Genesys International’s cutting-edge New India map platform has become the official guide for Ayodhya, India, paving the way for a smarter and more sustainable future. The New India map platform offers an immersive 3D experience, allowing users to explore the city’s streets, landmarks, and hidden gems with ease. The platform caters specifically to electric vehicles, providing optimal routes and charging station locations. This dedication to green technology is helping Ayodhya become a model smart city for pilgrims, residents, and authorities.

The platform’s unique change detection feature allows authorities to monitor the city’s evolution in real-time, enabling swift decision-making and efficient resource allocation. Genesys Chairman and Managing Director, Sajid Malik, expressed enthusiasm for the project and acknowledged the platform’s role in supporting Ayodhya’s development.

Genesys’ advanced 3D mapping and security applications hold immense potential for Ayodhya’s future, with disaster management and emergency response capabilities built into the system. The Ayodhya Development Authority is set to launch the Ayodhya Development Authority app, giving citizens and pilgrims the opportunity to experience Ayodhya through the innovative lens of Genesys’ map. As Ayodhya steps into its smart city future, Genesys International remains at the forefront, providing solutions that pave the way for a connected, sustainable, and vibrant cityscape.

Share price Movement 

Currently, the shares of Genesys currently trading at Rs 469.75 up by 14.45 or 3.01% as compared to the previous closing of Rs 455.30. The stock opened at Rs 459.20 and made intraday high and low of Rs 487 and Rs 456.10, respectively. The stock has a 52-week high and a 52-week low of Rs 492 and Rs 267, respectively.

About the company 

Genesys International Corporation Ltd is a premier advanced mapping company. With a team of over 2,000 professionals along with the nationwide Genesys constellation of sensors, the company is building the new India map stack. Genesys International has unique expertise, encompassing an understanding of emerging consumer applications related to mapping technology and the capability to provide cutting-edge solutions on the enterprise and government markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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