Opto Circuits is currently trading at Rs. 265.50, up by 4.05 points or 1.55% from its previous closing of Rs. 261.45 on the BSE.
The scrip opened at Rs. 264.00 and has touched a high and low of Rs. 266.00 and Rs. 259.20 respectively. So far 54037 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.40 on 09-May-2011 and a 52 week low of Rs. 183.30 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 274.00 and Rs. 237.85 respectively. The current market cap of the company is Rs. 4939.59 crore.
The promoters holding in the company stood at 28.12% while Institutions and Non-Institutions held 38.56% and 33.32% respectively.
Opto Circuits (India) has reported results for third quarter ended December 31, 2011.
The company has posted a rise of 7.45% in its net profit of Rs 60.41 crore for the quarter ended December 31, 2011 as compared to Rs 56.22 crore for the same quarter in the previous year. However, total income has decreased marginally from Rs 164.71 crore for Q3FY11 to Rs 161.16 crore in the quarter under review.
On the consolidated basis, the group has posted a jump of 30.73% in its net profit to Rs 125.08 crore for the quarter ended December 31, 2011 as compared to Rs 95.68 crore in the same quarter last year. Total income of the company improved by 41.79% to Rs 607.05 crore for the quarter compared to Rs 428.13 crore in the quarter, year ago.
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