Optiemus Infracom

Optiemus Infracom hit an all-time high of Rs 788 as the shares surged 17% in Monday's intraday trade amid heavy volumes

The company plans to manufacture front-cover glass with extensive processes in India and supply to display panel makers and mobile manufacturers in the country

Stocks to watch on November 20, 2023: SBI Card said that its capital adequacy ratio is expected to decline by 4 per cent due to the RBI's latest move on tightening consumer loan norms

Electronic manufacturing company Optiemus Infracom on Friday said it has forayed into end-to-end drone production business targeting both domestic and global markets. The drone business will be handled by the company's new division Optiemus Unmanned Systems (OUS). Optiemus will design, develop, manufacture and market the drones, the company said in a regulatory filing on Friday. "With a goal to achieve up to 65 per cent indigenisation within a year of launch, OUS aims to make its products export-ready, expand offerings in smarter payloads, and enhance product autonomy with a broader range of unmanned vehicles for various terrains," the filing said. Optiemus will invest Rs 25 crore in the research and development of drones which will target a wide range of applications, including defence, healthcare, agriculture, logistics, mining, railways, and oil and gas. "Optiemus Unmanned Systems is committed to design and manufacture reliable unmanned systems for today and tomorrow. As data ..

Initially, the smartphone cover glasses will be given premium finishing in the new facility to be built as part of the 70:30 joint venture between Optiemus and Corning

Corning specialises in specialty glass, ceramics, and related materials and technologies. The company currently manufactures Gorilla Glass in the United States, Japan, and Taiwan

In the June quarter, electronics became India's fourth-largest exported item overtaking chemicals, drugs and pharmaceuticals. This surge was led by mobile phones aided by 2020 PLI scheme

Dixon Technologies surged 8 per cent to its intra-day high of Rs 4,467 apiece. HCL Infosystems rallied 9 per cent to a high of Rs 17.40 and Optiemus Infracom jumped 8 per cent

Electronics manufacturing services firm Optiemus Electronics is planning to expand its production capacity and aims to increase its headcount by around 2,000 people in next two years, a senior company official said. The company's existing production capacity is likely to be exhausted within two years and it has started looking for locations to set-up a new manufacturing unit, Optiemus Electronics Limited (OEL) managing director A Gururaj told PTI. "We will have to wait and see how much volume our customers will look at, but I do believe that over the next one to one-and-a-half years, at least a couple of thousand people will be added on the shop floor, if not more," Gururaj said. At present, the company has a team of 300 people. OEL is among the electronic manufacturing services firms that have qualified for production-linked incentive (PLI) schemes for mobile phones, IT hardware and telecom products. The government is giving incentives to companies under the PLI scheme based on t

Electronics manufacturing services company Optiemus Electronics on Tuesday announced a strategic partnership with Apple's contract manufacturer Wistron to boost production

Optiemus is one of 16 entities whose proposal under the PLI scheme has been approved by the government

The company has plans to raise Rs 285 crore from sale of one of its buildings in Noida to Kailash Darshan Housing Development

The company recently expanded to Sri Lanka and Bangladesh