ICICI Securities Downgrades Genus Power Shares, Raises Price Target

Imagine a company called Genus Power that makes things like smart meters.

Its stock price recently went up a lot.

A financial company, ICICI Securities, is now less enthusiastic about the stock.

They think it's still good but not as great as before, so they changed their rating from 'Buy' to 'Add'.

However, they increased the price they think the stock will be worth.

Genus Power did really well last year, making much more money than the year before.

They also have a lot of orders for the future, especially for smart meters, which should keep them busy for the next few years.

The financial company thinks there will be a lot of chances for Genus Power to make more money in the next couple of years.