Opto Circuits (India) rose 3.37% to Rs 19.95 at 10:17 IST, with the stock extending recent gains triggered by the company's board's approval of hike in FII limit to 60% from the existing 49% in the company's paid up capital.
Meanwhile, the S&P BSE Sensex was up 42.23 points or 0.16% at 26,893.28.
On BSE, so far 3.81 lakh shares were traded in the counter as against average daily volume of 4.61 lakh shares in the past two weeks.
The stock hit a high of Rs 20.25 and a low of Rs 19.50 so far during the day.
Shares of Opto Circuits (India) have gained 6.97% in two trading sessions from a recent low of Rs 18.65 on 22 October 2014, after the company after market hours on 22 October 2014 said that its board of directors approved hike in the Foreign Institutional Investors' limit to 60% from the existing 49% in the company's paid up capital. The stock had surged 3.48% to settle at Rs 19.30 on 23 October 2014, when the stock market was open for a special Muhurat trading.
Opto Circuits (India) is a vertically integrated multinational medical technology Group that specializes in primary, acute and critical care products for the global markets.
Powered by Capital Market - Live News
