Opto Circuits rises on board nod for GDR issue

The GDR Committee approved opening of issue of GDRs of the company.

Shares of Opto Circuits (India) were up over 5% at Rs 19.40 on the Bombay Stock Exchange after the company in a release said that its GDR Committee approved opening of issue of GDRs of the company.

Following the approval, the issue of GDRs of the company opened on June 16, 2015, the release added.

The stock opened at Rs 18.70 and touched a high of Rs 19.50. At 11:10AM, over 1.4 million shares were traded on both the stock exchanges.