Optiemus infracom share Price

Optiemus Infracom’s Big Move into Telecom Manufacturing Sends Shares Skyrocketing

Optiemus Infracom has once again caught the attention of investors as its shares surged nearly 7% following the announcement of its expansion into telecom equipment manufacturing. This move not only strengthens the company’s position in the technology sector but also aligns with India’s push for self-reliance under the ‘Atmanirbhar Bharat’ initiative. Over the past year, Optiemus Infracom has delivered impressive multibagger returns to its shareholders, further cementing its status as a strong performer in the market.

Optiemus Infracom: A Multibagger Success Story

Optiemus Infracom has been a remarkable success story for its investors, delivering a staggering 111.71% return over the last 365 days on the Bombay Stock Exchange (BSE). On August 20, the company’s share price reached an intraday high of Rs 537.9 per share, marking a 6.34% increase from its previous close of Rs 505.85. This surge in share price follows the company’s announcement of its foray into the telecom equipment manufacturing sector.

The stock has been on a winning streak, gaining 8.2% over the last two days and trading higher than its 5-200 day moving averages. This consistent upward trend is a testament to the company’s robust performance and strategic expansion efforts.

Strategic Expansion into Telecom Equipment Manufacturing

The recent rise in Optiemus Infracom’s share price can be attributed to the company’s strategic decision to enter the telecom equipment manufacturing sector. This move is a significant step towards enhancing India’s indigenous capabilities in designing and manufacturing telecom equipment, in line with Prime Minister Narendra Modi’s ‘Atmanirbhar Bharat’ vision.

Optiemus Infracom is partnering with Tejas Networks, a leading provider of telecom products, to manufacture a wide range of telecom equipment, including 4G Base Band Units, Remote Radio Heads, Optical Network Terminals (ONT), Optical Network Units (ONU), and Broadband Switches & Routers. These products will be manufactured at Optiemus’s state-of-the-art facility in Noida, further boosting the company’s domestic manufacturing capabilities.

A Momentous Occasion for Optiemus Infracom

The expansion into telecom equipment manufacturing marks a significant milestone for Optiemus Infracom. A Gururaj, Managing Director of Optiemus Electronics, emphasized the importance of this development, stating, “It is a momentous occasion as we expand our manufacturing capabilities to foray into the growing industry of telecom equipment manufacturing.”

This announcement comes at a time when India is making concerted efforts to achieve self-reliance in the design and manufacturing sectors. Optiemus Infracom’s move into telecom equipment manufacturing not only supports this national goal but also positions the company as a key player in the rapidly growing telecom industry.

Optiemus Unmanned Systems: Diversifying into New Markets

In addition to its expansion into telecom equipment manufacturing, Optiemus Infracom has also been making strides in other innovative sectors. Last month, the company’s subsidiary, Optiemus Unmanned Systems Private Limited (OUS), announced the launch of a range of drones for agriculture and mapping purposes. This diversification into the drone industry further demonstrates Optiemus Infracom’s commitment to innovation and growth.

Impressive Returns for Shareholders

Optiemus Infracom has consistently delivered outstanding returns to its shareholders. Over the past 365 days, the company’s shares have risen by 111.71% on the BSE. Even more impressively, the stock has advanced by a whopping 959.41% over the last five years, making it one of the top-performing stocks in the market. Optiemus infracom share Price, This remarkable performance has significantly increased the wealth of investors who have remained committed to the company.

Conclusion

Optiemus Infracom’s recent foray into telecom equipment manufacturing is a strategic move that aligns with India’s push for self-reliance and strengthens the company’s position in the technology sector. With a history of delivering exceptional returns to shareholders, Optiemus Infracom continues to be a standout performer in the market. Optiemus infracom share Price, As the company expands its manufacturing capabilities and diversifies into new markets, investors can expect continued growth and success.

Frequently Asked Questions (FAQs)

1.What triggered the recent rise in Optiemus Infracom’s share price?

A. The recent surge in Optiemus Infracom’s share price was triggered by the company’s announcement of its expansion into telecom equipment manufacturing.

2.How much has Optiemus Infracom’s stock risen in the past year?

A. Optiemus Infracom’s stock has risen by 111.71% over the past 365 days on the BSE.

3.What is Optiemus Infracom’s new venture?

A. Optiemus Infracom is venturing into telecom equipment manufacturing, focusing on enhancing India’s domestic capabilities in this sector.

4.Who is Optiemus Infracom partnering with for telecom equipment manufacturing?

A. Optiemus Infracom is partnering with Tejas Networks to manufacture a range of telecom equipment products.

5.Where is Optiemus Infracom’s manufacturing facility located?

A. Optiemus Infracom’s state-of-the-art manufacturing facility is located in Noida, India.

6.What is the significance of Optiemus Infracom’s expansion into telecom equipment manufacturing?

A. This expansion aligns with India’s ‘Atmanirbhar Bharat’ initiative and strengthens the company’s position in the technology sector.

7.What other sectors is Optiemus Infracom exploring?

A. In addition to telecom equipment, Optiemus Infracom is exploring the drone industry through its subsidiary, Optiemus Unmanned Systems Private Limited.

8.How has Optiemus Infracom performed over the last five years?

A. Optiemus Infracom’s stock has advanced by 959.41% over the last five years, delivering massive gains to investors.

9.What products will Optiemus Infracom manufacture in the telecom sector?

A. The company will manufacture products such as 4G Base Band Units, Remote Radio Heads, ONT, ONU, and Broadband Switches & Routers.

10.How does Optiemus Infracom’s new venture support India’s self-reliance goals?

A. Optiemus Infracom’s expansion into telecom equipment manufacturing supports India’s goal of becoming self-reliant in the design and manufacturing sectors, aligning with the ‘Atmanirbhar Bharat’ initiative.

Optiemus infracom share Price

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