Opto Circuits rises as its arm gets selected to supply products to Australia's sporting clubs

13 Dec 2011 Evaluate

Opto Circuits (India) is currently trading at Rs. 207.70, up by 4.85 points or 2.39% from its previous closing of Rs. 202.85 on the BSE.

The scrip opened at Rs. 201.00 and has touched a high and low of Rs. 209.25 and Rs. 201.00 respectively. So far 71,000 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. 187.00 on 07-Oct-2011.

Last one week high and low of the scrip stood at Rs. 210.00 and Rs. 189.00 respectively. The current market cap of the company is Rs. 3,871.00 crore.

The promoters holding in the company stood at 28.05% while Institutions and Non-Institutions held 39.46% and 32.49% respectively.

Opto Circuits’ (India) subsidiary and a global leader in automated external defibrillator (AED) and diagnostic cardiac monitoring devices - Cardiac Science Corporation, has been selected to supply hundreds of Powerheart G3 AEDs towards the campaign ‘Defib Your Club, For Life’, to reduce deaths from sudden cardiac arrest (SCA) among athletes, officials and spectators in sporting clubs of Victoria, Australia. 500 clubs in Victoria will be equipped with Cardiac Science Powerheart AEDs.

Through its partnership with Cardiac Science, the campaign provides a comprehensive defibrillation program, including training, that is specifically tailored to the needs of sporting clubs. The program has won accolades from heart safety experts, who believe it will eventually go nationwide.

Opto Circuits India is a multinational medical device company headquartered out of Bengaluru, India. The company designs, develop, manufacture, market and distribute a range of medical products that are used by healthcare establishments in more than 150 countries.

Opto Circuits (I) Share Price

1.78 0.00 (0.00%)
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