The company and its subsidiaries have received an order worth Rs 91 crore from Philips Health Care for various products manufactured by the Opto Group of companies.
Sun Pharma | Tata Motors | Tata Global Beverages | Tata Chemicals | Tata Steel | Tata Power | Indian Hotels | Wockhardt | Cipla | Granules India | IL&FS Transportation | Tata Coffee | Phoenix Mills | Jet Airways | SpiceJet | InterGlobe Aviation | Borosil Glass and Opto Circuits are stocks, which are in the news today.
Opto Circuits is working towards improving its footprint in the domestic market by participating in the Make in India initiative, says CMD Vinod Ramnani in an interview to CNBC-TV18.
M&M | JSPL | Hindalco | Reliance Communications | Tata Power | GPT Infra | NBCC | Hotel Leela | Yes Bank | Edelweiss Financial | Ashok Leyland | Hinduja Foundries | Ajanta Pharma | Shelter Infra | National Fertilizers | Patel Engineering | Rolta India | Educomp | DB Realty | BEML and Supreme Infra are stocks, which are in the news today.
The move is to consolidate all subsidiaries of the company in order to focus on the core business, says Vinod Ramani, CMD of Opto Circuits.
"Shareholders, in 24th annual general meeting on September 7, have approved issue of further shares on preferential basis to promoters and associates," the medical equipment maker said in its filing.
Maruti | Canara Bank | Axis Bank | L&T | ITC | TBZ | MOIL | GAIL | Sobha | SPARC | PNC Infratech | Nava Bharat Ventures | IndiaNivesh Securities | Texmaco Rail | Eimco Elecon | KG Denim | JK Paper | Rane Engine are stocks, which are in the news today.
Vinod Ramnani, CMD, Opto Circuits told CNBC-TV18 that the new catheter would help them gain market share because as of now, only 2-3 companies make this product. So, there is huge opportunity for this.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today.
"Eurocor today announced that the Freeway - Shunt Ballon Catheter will be launched for arteriovenous (AV) access to help patients with end-stage renal disease," says the medical equipment manufacturer in its filing.
Jay Thakkar of Sharekhan recommends buying Bharat Electronics with a target of Rs 1223 and Tata Elxsi with a target of Rs 2091.
Sandeep Wagle of powermywealth.com is of the view that one may exit Opto Circuits India.
Siemens | Larsen and Toubro | Ashok Leyland | Sadbhav Engineering | Welspun Enterprises | SBI and Tech Mahindra are stocks, which are in news today.
The government's decision in the Union Budget to exempt dialysis equipment from certain duties is a shot in the arm for healthcare in general and many companies in particular.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have SBI, Den Networks, Punj Lloyd, Kesoram Industries, Valecha Engineering, Opto Circuits, and PNB.
Reliance Industries | Axis Bank | Opto Circuits | Cairn India | IDFC | BASF India | Assam Company | Neyveli Lignite | IDFC Bank | Subex and Dhanlaxmi Bank are stocks, which are in the news today.
On January 01, 2016 Crest Capital & Investment bought 13,00,000 shares of Opto Circuits.
On December 23, 2015 HSBC Bank (Mauritius) Limited sold 15,62,592 shares of Opto Circuits.