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Optiemus Infracom surges on getting nod to incorporate Wholly Owned Subsidiary

Optiemus Infracom Ltd. | Trading | Miscellaneous | BSE: 530135 | NSE: OPTIEMUS

30 May 2024 Evaluate

Optiemus Infracom is currently trading at Rs. 268.90, up by 5.85 points or 2.22% from its previous closing of Rs. 263.05 on the BSE.

The scrip opened at Rs. 270.00 and has touched a high and low of Rs. 279.70 and Rs. 266.80 respectively. So far 9363 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 381.20 on 04-Sep-2023 and a 52 week low of Rs. 201.30 on 02-Aug-2023.

Last one week high and low of the scrip stood at Rs. 279.70 and Rs. 255.55 respectively. The current market cap of the company is Rs. 2311.70 crore.

The promoters holding in the company stood at 74.89%, while Institutions and Non-Institutions held 0.08% and 25.03% respectively.

Optiemus Infracom has received approval for incorporation of a Wholly Owned Subsidiary of the Company in name and style of ‘Optiemus Unmanned Systems’ (proposed name) or any other name as may be approved by the Registrar of Companies, to promote and enhance the business of unmanned aerial vehicles i.e. Drones. This strategic move to incorporate a wholly owned subsidiary is expected to leverage the growth opportunities in the burgeoning unmanned system market and will help the Company in becoming more agile and customer-focused. The Board of Directors of the Company at its meeting held on May 29, 2024, inter alia, have considered and approved the same.

Optiemus Infracom is a diversified, award-winning, high-performance telecommunications enterprise with multi-domain experience including management, distribution & marketing of mobile & telecom products in the Indian subcontinent.

Optiemus Infracom Share Price

413.55 6.25 (1.53%)

17-Apr-2026 16:59 View Price Chart

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Optiemus Infracom surges on getting nod to incorporate Wholly Owned Subsidiary

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