CGSI Research said Genetec’s order book outlook remains intact despite the recent EV demand slowdown.
PETALING JAYA: Genetec Technology Bhd
, whose share price has rallied by over 24% since the start of May, offers good growth at reasonable valuations, says CGS International (CGSI) Research.
In a note, the research house said Genetec’s latest positive guidance on electric vehicle (EV) and battery energy storage system (Bess) orderbook outlook reaffirmed its “add” call.
