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Stock hits 10% upper circuit after partnering with Realme for manufacturing of AIoT devices

News by Aliceblue News Desk

16 Apr 2025

Stock hits 10% upper circuit after partnering with Realme for manufacturing of AIoT devices

Introduction:

Leading electronics manufacturer has partnered with a top smartphone brand to locally produce AIoT devices, including smartwatches, earbuds, and tablets, aiming to manufacture 5 million units annually and boost India’s Make in India initiative.

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Also Read: Solar stock hits 5% lower circuit after SEBI bans its promoters from markets and also rejects 1:10 stock split

Share price movement of Optiemus Infracom:

On April 16, 2025, Optiemus Infracom Ltd opened at ₹452.90, up 1.35% from its previous close of ₹446.85. The stock hit a high of ₹491.50 (9.99%) and a low of ₹446.25. By 12:30 PM, it traded at ₹491.50, marking a 9.99% jump, with a market cap of ₹4,288.48 crore.

Optiemus Infracom to Manufacture realme AIoT Devices Under Key Partnership:

Optiemus Infracom Ltd., through its wholly owned subsidiary Optiemus Electronics Ltd. (OEL), has partnered with smartphone giant realme to manufacture its next-generation AIoT devices in India, reinforcing its commitment to the ‘Make in India’ initiative.

Under this collaboration, OEL will manufacture realme’s key AIoT products—earphones, smartwatches, and tablets—targeting 5 million units annually. Production has already begun with the realme Buds T200 Lite, equipped with advanced AI noise cancellation technology.

The partnership is set to create over 2,000 jobs and build a strong local supply chain. Optiemus aims to help establish India as a global AIoT manufacturing hub, with plans for both domestic sales and exports.

Recent news on Optiemus Infracom:

As of January 15, 2025, Optiemus Infracom Ltd announced that its subsidiary OUS partnered with Taiwan-based KunWay Technology to manufacture and localize a wide range of drones in India from its Noida facilities.

Stock performance of Optiemus Infracom for Period of 1 week, 6 months, and 1 year:

Optiemus Infracom Ltd delivered a 14.7% return over the past week. It declined by 37.3% in the past six months. The stock gained 64.6% over the past year.

Also Read: Q4 Results: Green energy stock jumps 7% after reporting 49% YoY increase in net profits

Shareholding pattern of Optiemus Infracom:

ParticularsDec 2024Sep 2024Jun 2024
Promoter74.90%74.90%74.90%
FII0.20%0.60%0.20%
DII0.50%0.30%0.00%
Public24.40%24.20%24.90%
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About Optiemus Infracom:

Optiemus Electronics Limited (NSE: OPTIEMUS) specializes in electronics manufacturing, offering end-to-end solutions including supply chain management and repair services. With state-of-the-art facilities in Noida, it serves global and local brands, ensuring quality and timely delivery.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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