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OPTIEMUS
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Recent events
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Corporate Actions
Optiemus Infracom To Acquire 21 Mln Shares Of BIGTech For 210 Mln Rupees
March 24 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
TO ACQUIRE 21 MILLION SHARES OF BIGTECH FOR 210 MILLION RUPEES
Source text: ID:nNSE90vfQN
Further company coverage: OPTI.NS
(([email protected];;))
March 24 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
TO ACQUIRE 21 MILLION SHARES OF BIGTECH FOR 210 MILLION RUPEES
Source text: ID:nNSE90vfQN
Further company coverage: OPTI.NS
(([email protected];;))
Optiemus Infracom Says Unit Announced Strategic Partnership With TP-Link
Jan 27 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
UNIT ANNOUNCED STRATEGIC PARTNERSHIP WITH TP-LINK
STRATEGIC PARTNERSHIP TO MANUFACTURE NETWORK AND IOT DEVICES IN INDIA
Source text: ID:nBSEl3hct
Further company coverage: OPTI.NS
(([email protected];;))
Jan 27 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
UNIT ANNOUNCED STRATEGIC PARTNERSHIP WITH TP-LINK
STRATEGIC PARTNERSHIP TO MANUFACTURE NETWORK AND IOT DEVICES IN INDIA
Source text: ID:nBSEl3hct
Further company coverage: OPTI.NS
(([email protected];;))
Optiemus Infracom To Acquire 14.7 Million Shares Of Bigtech
Jan 10 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM LTD - TO ACQUIRE 14.7 MILLION SHARES OF BIGTECH
OPTIEMUS INFRACOM LTD - ACQUISITION VALUED AT 147 MILLION RUPEES
Source text: ID:nBSE1h1vmf
Further company coverage: OPTI.NS
(([email protected];;))
Jan 10 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM LTD - TO ACQUIRE 14.7 MILLION SHARES OF BIGTECH
OPTIEMUS INFRACOM LTD - ACQUISITION VALUED AT 147 MILLION RUPEES
Source text: ID:nBSE1h1vmf
Further company coverage: OPTI.NS
(([email protected];;))
India's Optiemus Infracom rises after unit partners with LS Spectrum Solutions
** Shares of telecom equipment maker Optiemus Infracom OPTI.NS rise 4% to 772 rupees
** Co says its unit partners with drone-based spectrum analyzers maker LS Spectrum Solutions to assemble and market drone-based spectrum analysis solutions in India
** OPTI says partnership has potential to extend beyond drone-based solutions
** Co did not disclose any financial details for the partnership
** Trading vols at 226,479 mln shares, 2.2x 30-day average
** Stock set to gain for fourth straight session
** OPTI more than doubled in 2024
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of telecom equipment maker Optiemus Infracom OPTI.NS rise 4% to 772 rupees
** Co says its unit partners with drone-based spectrum analyzers maker LS Spectrum Solutions to assemble and market drone-based spectrum analysis solutions in India
** OPTI says partnership has potential to extend beyond drone-based solutions
** Co did not disclose any financial details for the partnership
** Trading vols at 226,479 mln shares, 2.2x 30-day average
** Stock set to gain for fourth straight session
** OPTI more than doubled in 2024
(Reporting by Vijay Malkar)
(([email protected];))
Optiemus Infracom Partners With LS Spectrum For Drone-Based Spectrum Analysis In India
Jan 2 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM - PARTNERS WITH LS SPECTRUM FOR DRONE-BASED SPECTRUM ANALYSIS IN INDIA
Source text: ID:nNSE6BcYsc
Further company coverage: OPTI.NS
(([email protected];))
Jan 2 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM - PARTNERS WITH LS SPECTRUM FOR DRONE-BASED SPECTRUM ANALYSIS IN INDIA
Source text: ID:nNSE6BcYsc
Further company coverage: OPTI.NS
(([email protected];))
Optiemus Infracom Says Optiemus Drones Clears 19,000 Feet At Umling La Pass
Oct 7 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS DRONES CLEARS 19,000 FEET AT UMLING LA PASS
Source text for Eikon: ID:nBSEb7Tcc0
Further company coverage: OPTI.NS
(([email protected];;))
Oct 7 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS DRONES CLEARS 19,000 FEET AT UMLING LA PASS
Source text for Eikon: ID:nBSEb7Tcc0
Further company coverage: OPTI.NS
(([email protected];;))
India's Optiemus Infracom rises as unit forays into telecom equipment-making
** Shares of Optiemus Infracom OPTI.NS rise as much as 6.2%, last up 3.2% to 521.8 rupees
** Co's unit forayed into telecom equipment manufacturing
** Stock on track to rise in third straight session if trend holds
** OPTI up ~68% YTD vs ~93% rise in rival Dixon Technologies (India) DIXO.NS
(Reporting by Varun Vyas in Bengaluru)
** Shares of Optiemus Infracom OPTI.NS rise as much as 6.2%, last up 3.2% to 521.8 rupees
** Co's unit forayed into telecom equipment manufacturing
** Stock on track to rise in third straight session if trend holds
** OPTI up ~68% YTD vs ~93% rise in rival Dixon Technologies (India) DIXO.NS
(Reporting by Varun Vyas in Bengaluru)
Optiemus Infracom Says Investment In Shares Of Joint Venture Cum Unit
May 14 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
INVESTMENT IN SHARES OF JOINT VENTURE CUM UNIT
Source text for Eikon: ID:nNSE7bKvVd
Further company coverage: OPTI.NS
(([email protected];))
May 14 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
INVESTMENT IN SHARES OF JOINT VENTURE CUM UNIT
Source text for Eikon: ID:nNSE7bKvVd
Further company coverage: OPTI.NS
(([email protected];))
Optiemus Infracom Accorded Approval To Enter Into Glass Supply And Trademark License Agreement
Feb 2 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
ACCORDED APPROVAL TO ENTER INTO GLASS SUPPLY AND TRADEMARK LICENSE AGREEMENT WITH CORNING INCORPORATED
AGREEMENT FOR MANUFACTURING AND SALE OF SCREEN GLASS PROTECTORS
Source text for Eikon: ID:nBSE7WK4zv
Further company coverage: OPTI.NS
(([email protected];))
Feb 2 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
ACCORDED APPROVAL TO ENTER INTO GLASS SUPPLY AND TRADEMARK LICENSE AGREEMENT WITH CORNING INCORPORATED
AGREEMENT FOR MANUFACTURING AND SALE OF SCREEN GLASS PROTECTORS
Source text for Eikon: ID:nBSE7WK4zv
Further company coverage: OPTI.NS
(([email protected];))
Corning's Indian JV signs $120 mln investment deal with Tamil Nadu state
CHENNAI, Jan 23 (Reuters) - India's Tamil Nadu state said on Tuesday that a joint venture of Corning GLW.N agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the south Asian country as a manufacturing hub.
The joint venture (JV), named Bharat Innovative Glass Technologies, is a tie-up between U.S. electronics maker Corning, a key parts supplier for Apple AAPL.O, and Indian telecommunications company Optiemus Infracom OPTI.NS.
The new facility will make front cover glass for mobile phones and phone parts makers in India, the state government said, without specifying the particular brands to which the glass would be supplied.
The facility in Tamil Nadu is the company's first manufacturing plant after the JV was formed in September.
The $155 billion Indian electronics market is benefitting from a global shift in supply chains away from China, with additional support from the Indian government's production-linked incentives aimed at promoting local manufacturing.
Several contract manufacturers, including the world's largest, Taiwan's Foxconn 2317.TW, as well as other Apple suppliers such as Pegatron 4938.TW and Finland's Salcomp have signed agreements worth several million dollars to expand their operations in India.
Earlier this month, Tamil Nadu said it had entered into agreements totalling 6.64 trillion rupees in investments with investors ranging from technology heavyweights Microsoft MSFT.O to local conglomerates such as the Adani Group.
A number of Indian states, including Telangana, Gujarat, and Maharashtra have signed investment deals with companies such as Maruti Suzuki MRTI.NS, the Tata Group, and the Adani Group.
($1 = 83.0890 Indian rupees)
(Reporting by Praveen Paramasivam and Varun Vyas; Editing by Dhanya Ann Thoppil)
(([email protected];))
CHENNAI, Jan 23 (Reuters) - India's Tamil Nadu state said on Tuesday that a joint venture of Corning GLW.N agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the south Asian country as a manufacturing hub.
The joint venture (JV), named Bharat Innovative Glass Technologies, is a tie-up between U.S. electronics maker Corning, a key parts supplier for Apple AAPL.O, and Indian telecommunications company Optiemus Infracom OPTI.NS.
The new facility will make front cover glass for mobile phones and phone parts makers in India, the state government said, without specifying the particular brands to which the glass would be supplied.
The facility in Tamil Nadu is the company's first manufacturing plant after the JV was formed in September.
The $155 billion Indian electronics market is benefitting from a global shift in supply chains away from China, with additional support from the Indian government's production-linked incentives aimed at promoting local manufacturing.
Several contract manufacturers, including the world's largest, Taiwan's Foxconn 2317.TW, as well as other Apple suppliers such as Pegatron 4938.TW and Finland's Salcomp have signed agreements worth several million dollars to expand their operations in India.
Earlier this month, Tamil Nadu said it had entered into agreements totalling 6.64 trillion rupees in investments with investors ranging from technology heavyweights Microsoft MSFT.O to local conglomerates such as the Adani Group.
A number of Indian states, including Telangana, Gujarat, and Maharashtra have signed investment deals with companies such as Maruti Suzuki MRTI.NS, the Tata Group, and the Adani Group.
($1 = 83.0890 Indian rupees)
(Reporting by Praveen Paramasivam and Varun Vyas; Editing by Dhanya Ann Thoppil)
(([email protected];))
Optiemus Infracom Sept-Quarter Net Pat Falls
Nov 10 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM LTD SEPT-QUARTER NET PAT 37.3 MILLION RUPEES VERSUS 49.5 MILLION RUPEES
OPTIEMUS INFRACOM LTD SEPT-QUARTER INCOME FROM OPERATIONS 1.31 BILLION RUPEES VERSUS 1.28 BILLION RUPEES
Source text for Eikon: ID:nBSE3vY8Qk
Further company coverage: OPTI.NS
(([email protected];))
Nov 10 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM LTD SEPT-QUARTER NET PAT 37.3 MILLION RUPEES VERSUS 49.5 MILLION RUPEES
OPTIEMUS INFRACOM LTD SEPT-QUARTER INCOME FROM OPERATIONS 1.31 BILLION RUPEES VERSUS 1.28 BILLION RUPEES
Source text for Eikon: ID:nBSE3vY8Qk
Further company coverage: OPTI.NS
(([email protected];))
Optiemus Infracom Approves Commencement Of New Business "Optiemus Unmanned Systems"
Oct 27 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
APPROVED COMMENCEMENT OF NEW BUSINESS/DIVISION/ LAUNCH OF PRODUCT "OPTIEMUS UNMANNED SYSTEMS"
CO WILL BE INVESTING 250 MILLION RUPEES IN NEW DIVISION OUS
Source text for Eikon: ID:nBSEbQzn69
Further company coverage: OPTI.NS
(([email protected];))
Oct 27 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
APPROVED COMMENCEMENT OF NEW BUSINESS/DIVISION/ LAUNCH OF PRODUCT "OPTIEMUS UNMANNED SYSTEMS"
CO WILL BE INVESTING 250 MILLION RUPEES IN NEW DIVISION OUS
Source text for Eikon: ID:nBSEbQzn69
Further company coverage: OPTI.NS
(([email protected];))
Optiemus Infracom To Enter Into JV Agreement With Corning International Corp
Sept 1 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM LTD - APPROVAL TO ENTER INTO JOINT VENTURE AGREEMENT WITH CORNING INTERNATIONAL CORP
Source text for Eikon: ID:nBSE9STfXd
Further company coverage: OPTI.NS
(([email protected];))
Sept 1 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
OPTIEMUS INFRACOM LTD - APPROVAL TO ENTER INTO JOINT VENTURE AGREEMENT WITH CORNING INTERNATIONAL CORP
Source text for Eikon: ID:nBSE9STfXd
Further company coverage: OPTI.NS
(([email protected];))
China's Xiaomi hits 6-mth low on partnering Dixon to make mobile phones in India
** Shares of Chinese smartphone maker Xiaomi Corp 1810.HK fall as much as 3.4% to HK$10.14, their lowest since Dec. 2
** Contract manufacturer Dixon Technologies (India) Ltd DIXO.NS on Wednesday said it is partnering with Xiaomi Corp's Indian arm to make and export phones for the Chinese firm
** The news, which boosted Dixon's shares by 4%, comes after Xiaomi India revealed plans to start making wireless audio products in the country by partnering with electronics manufacturer Optiemus
** Equity investment research company Zephirin Group on Tuesday reiterates "sell" rating on Xiaomi and trims price target to HK$9 from HK$10, saying China's smartphone shipment is not rebounding and the total smartphone revenues in 2023 is set to decline
** The Hang Seng Commerce & Industry Index .HSNC drops 3.2% and the Hang Seng Tech Index .HSTECH plunges 3.3%
** The Hang Seng China Enterprises Index .HSCE falls 2.9% and the Hang Seng Index .HSI declines 2.7%
** As of last close, the stock had slid 4% this year
(Reporting by Donny Kwok)
** Shares of Chinese smartphone maker Xiaomi Corp 1810.HK fall as much as 3.4% to HK$10.14, their lowest since Dec. 2
** Contract manufacturer Dixon Technologies (India) Ltd DIXO.NS on Wednesday said it is partnering with Xiaomi Corp's Indian arm to make and export phones for the Chinese firm
** The news, which boosted Dixon's shares by 4%, comes after Xiaomi India revealed plans to start making wireless audio products in the country by partnering with electronics manufacturer Optiemus
** Equity investment research company Zephirin Group on Tuesday reiterates "sell" rating on Xiaomi and trims price target to HK$9 from HK$10, saying China's smartphone shipment is not rebounding and the total smartphone revenues in 2023 is set to decline
** The Hang Seng Commerce & Industry Index .HSNC drops 3.2% and the Hang Seng Tech Index .HSTECH plunges 3.3%
** The Hang Seng China Enterprises Index .HSCE falls 2.9% and the Hang Seng Index .HSI declines 2.7%
** As of last close, the stock had slid 4% this year
(Reporting by Donny Kwok)
Xiaomi to make wireless audio products in India
Adds details on manufacturing in para 4, 5 and 6
NEW DELHI/BENGALURU, May 29 (Reuters) - Xiaomi Corp's 1810.HK Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to further localise its operations, the company said on Monday.
Xiaomi India will make its first local audio gadget at Optiemus Electronics' factory in the northern state of Uttar Pradesh, the company said in a statement, reiterating that it was targeting a 50% increase in the production of components locally sourced by 2025.
The push comes as the manufacturer of the Redmi brand of smartphones recently lost out to South Korean rival Samsung 005930.KS as India's top smartphones company.
The company did not say what kind of audio product it will make in the Indian factory, but it is "committed to forging more such collaborations for a wider range of categories, across our product line-up."
Xiaomi, which locally manufactures most of the smartphones and TVs it sells in India, did not say when it will start making the audio products. It sells speakers, ear-buds, wired and wireless headphones in India.
The Indian government has been pushing global companies to invest in local manufacturing as a part of its vision to make the country self-reliant.
(Reporting by Aditya Kalra in New Delhi, writing by Hritam Mukherjee in Bengaluru)
(([email protected]; +91 9830427878;))
Adds details on manufacturing in para 4, 5 and 6
NEW DELHI/BENGALURU, May 29 (Reuters) - Xiaomi Corp's 1810.HK Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to further localise its operations, the company said on Monday.
Xiaomi India will make its first local audio gadget at Optiemus Electronics' factory in the northern state of Uttar Pradesh, the company said in a statement, reiterating that it was targeting a 50% increase in the production of components locally sourced by 2025.
The push comes as the manufacturer of the Redmi brand of smartphones recently lost out to South Korean rival Samsung 005930.KS as India's top smartphones company.
The company did not say what kind of audio product it will make in the Indian factory, but it is "committed to forging more such collaborations for a wider range of categories, across our product line-up."
Xiaomi, which locally manufactures most of the smartphones and TVs it sells in India, did not say when it will start making the audio products. It sells speakers, ear-buds, wired and wireless headphones in India.
The Indian government has been pushing global companies to invest in local manufacturing as a part of its vision to make the country self-reliant.
(Reporting by Aditya Kalra in New Delhi, writing by Hritam Mukherjee in Bengaluru)
(([email protected]; +91 9830427878;))
India's Optiemus Infracom March-Quarter Consol Net PAT Rises
May 26 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
INDIA'S OPTIEMUS INFRACOM LTD MARCH-QUARTER CONSOL NET PAT 172.2 MILLION RUPEES VERSUS PROFIT 28.3 MILLION RUPEES
OPTIEMUS INFRACOM LTD MARCH-QUARTER CONSOL INCOME FROM OPERATIONS 3.40 BILLION RUPEES VERSUS 1.95 BILLION RUPEES
Further company coverage: OPTI.NS
(([email protected];))
May 26 (Reuters) - Optiemus Infracom Ltd OPTI.NS:
INDIA'S OPTIEMUS INFRACOM LTD MARCH-QUARTER CONSOL NET PAT 172.2 MILLION RUPEES VERSUS PROFIT 28.3 MILLION RUPEES
OPTIEMUS INFRACOM LTD MARCH-QUARTER CONSOL INCOME FROM OPERATIONS 3.40 BILLION RUPEES VERSUS 1.95 BILLION RUPEES
Further company coverage: OPTI.NS
(([email protected];))
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What does Optiemus Infracom do?
Optiemus Infracom is a leading telecommunications enterprise in the Indian subcontinent, focusing on making technology accessible to the masses through various channels and stages of the product lifecycle.
Who are the competitors of Optiemus Infracom?
Optiemus Infracom major competitors are Dixon Technologies, Syrma SGS Technology, Orient Electric, IFB Industries, Servotech Renewable, Bajaj Electricals, ICE MakeRefrigeratio. Market Cap of Optiemus Infracom is ₹4,343 Crs. While the median market cap of its peers are ₹5,612 Crs.
Is Optiemus Infracom financially stable compared to its competitors?
Optiemus Infracom seems to be less financially stable compared to its competitors. Altman Z score of Optiemus Infracom is 4.57 and is ranked 6 out of its 8 competitors.
Does Optiemus Infracom pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Optiemus Infracom latest dividend payout ratio is 31.0% and 3yr average dividend payout ratio is 31.0%
How has Optiemus Infracom allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Optiemus Infracom balance sheet?
Balance sheet of Optiemus Infracom is strong. But short term working capital might become an issue for this company.
Is the profitablity of Optiemus Infracom improving?
Yes, profit is increasing. The profit of Optiemus Infracom is ₹57.52 Crs for TTM, ₹56.76 Crs for Mar 2024 and ₹41.54 Crs for Mar 2023.
Is the debt of Optiemus Infracom increasing or decreasing?
Yes, The debt of Optiemus Infracom is increasing. Latest debt of Optiemus Infracom is ₹117 Crs as of Sep-24. This is greater than Mar-24 when it was ₹48.61 Crs.
Is Optiemus Infracom stock expensive?
Optiemus Infracom is not expensive. Latest PE of Optiemus Infracom is 66.91, while 3 year average PE is 70.08. Also latest EV/EBITDA of Optiemus Infracom is 39.0 while 3yr average is 52.09.
Has the share price of Optiemus Infracom grown faster than its competition?
Optiemus Infracom has given better returns compared to its competitors. Optiemus Infracom has grown at ~70.01% over the last 2yrs while peers have grown at a median rate of 32.93%
Is the promoter bullish about Optiemus Infracom?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Optiemus Infracom is 73.69% and last quarter promoter holding is 74.89%
Are mutual funds buying/selling Optiemus Infracom?
The mutual fund holding of Optiemus Infracom is increasing. The current mutual fund holding in Optiemus Infracom is 1.28% while previous quarter holding is 0.36%.