Virtuoso Optoelectronics is currently trading at Rs. 565.00, up by 18.75 points or 3.43% from its previous closing of Rs. 546.25 on the BSE.
The scrip opened at Rs. 554.95 and has touched a high and low of Rs. 573.00 and Rs. 537.00 respectively. So far 22000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 690.00 on 09-Jan-2025 and a 52 week low of Rs. 223.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 573.00 and Rs. 533.00 respectively. The current market cap of the company is Rs. 1666.11 crore.
The promoters holding in the company stood at 53.69%, while Institutions and Non-Institutions held 1.87% and 44.44% respectively.
Virtuoso Optoelectronics has received approval from Industrial Finance Corporation of India (IFCI) regarding upgradation in investment category under the Production Linked Incentive (PLI) Scheme for a value of Rs 100 crore.
The application pertains to the category upgradation under the PLI Scheme for white Goods and is part of the company’s strategic initiatives to enhance its eligibility for higher incentives under the PLI framework, aimed at promoting domestic manufacturing and investment.
Virtuoso Optoelectronics is engaged in manufacturing of high-volume, large-scale production of consumer & industrial products.