Opto Circuits (India) has rallied 26% to Rs 23.45 in noon deals on back of heavy volumes on the bourses. The trading volumes on the counter almost doubled with a combined 7.52 million shares already changed hands on BSE and NSE till 1208 hours. The stock opened at Rs 19.20 and hit a low of Rs 18.25 on BSE.
The company engaged in medical equipment business, on Monday, announced that its board will meet on August 13, to consider issue of rights equity shares to the existing shareholders of the company.
The board will also consider the unaudited financial results of the company for the quarter ended June 30, 2013, it added.
Meanwhile, the stock was major underperformer, falling 82% so far in current calendar year 2013 as compared to 3.57% fall in benchmark S&P BSE Sensex.
The company engaged in medical equipment business, on Monday, announced that its board will meet on August 13, to consider issue of rights equity shares to the existing shareholders of the company.
The board will also consider the unaudited financial results of the company for the quarter ended June 30, 2013, it added.
Meanwhile, the stock was major underperformer, falling 82% so far in current calendar year 2013 as compared to 3.57% fall in benchmark S&P BSE Sensex.
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