Opto Circuits zooms on heavy volumes

A combined 22.05 million shares representing around 13% free-float equity of the company changed hands so far on BSE and NSE.

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SI Reporter Mumbai
Last Updated : Jul 15 2013 | 1:56 PM IST
Opto Circuits (India) has zoomed as much as 29% to Rs 29.40 in noon deals on NSE on back of heavy volumes.

A combined 22.05 million shares representing around 13% free-float equity of the company already changed hands on the counter till 1349 hours against an average sub 4 million shares that were traded daily in past two weeks on BSE and NSE. The stock opened at Rs 23.20 and hit a low of Rs 22.30 so far.

Currently, the promoters held 28.17% stake in the company engaged in develop and manufacture technologically-advanced medical equipment and devices for modern healthcare practices.

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First Published: Jul 15 2013 | 1:51 PM IST

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