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Optiemus Infracom shines as its arm forays into telecom equipment manufacturing

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

20 Aug 2024 Evaluate

Optiemus Infracom is currently trading at Rs. 562.00, up by 56.15 points or 11.10% from its previous closing of Rs. 505.85 on the BSE.

The scrip opened at Rs. 509.95 and has touched a high and low of Rs. 569.50 and Rs. 505.45 respectively. So far 211759 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 569.50 on 20-Aug-2024 and a 52 week low of Rs. 218.40 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 569.50 and Rs. 466.05 respectively. The current market cap of the company is Rs. 4842.35 crore.

The promoters holding in the company stood at 74.89%, while Institutions and Non-Institutions held 0.22% and 24.89% respectively.

Optiemus Infracom's wholly owned subsidiary -- Optiemus Electronics has forayed into telecom equipment manufacturing. In the efforts to boost indigenous designing and manufacturing of telecom equipment in India, aligning with the vision of Hon'ble Prime Minister for an Atmanirbhar Bharat, Optiemus is working with Tejas Networks as a manufacturing partner for a wide array of telecom equipment products like 4G Base Band Units / Remote Radio Head / ONT / ONU / Broadband Switches & Routers from its state-of-the-art Noida manufacturing facility.

The announcement comes against the backdrop of India’s ongoing efforts to move towards self-reliance in the design and manufacturing of telecom equipment. Optiemus aims to significantly enhance the domestic manufacturing capabilities of telecom equipment. Tejas Networks, one of the highly valued Indian companies designing and manufacturing telecom and networking products, has evolved as a strong trusted partner in the Indian telecom ecosystem over the last decade.

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

Peers

Company Name	CMP
Redington	234.90
Adani Enterprises	2218.35
Amrapali Industries	17.53
Rashi Peripheral	455.25
PDS	301.45
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Optiemus Infracom shines as its arm forays into telecom equipment manufacturing

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