Telecom equipment stock in focus after it partners with Tp-Link to manufacture IoT devices in IndiaTelecom equipment stock in focus after it partners with Tp-Link to manufacture IoT devices in India

Introduction:

leading electronics manufacturer has partnered with TP-Link to produce networking devices and smart home products in India. This collaboration aims to support the ‘Make in India’ initiative and bolster the country’s telecom manufacturing capabilities.

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Share price movement of Optiemus Infracom:

On January 27, 2025, Optiemus Infracom Ltd opened at ₹640.20, down 1.82% from its previous close of ₹652.00. The stock reached a high of ₹641.05 and a low of ₹619.40. By 3:40 PM, it traded at ₹619.40, a 5.00% decrease, with a market cap of ₹5,317.99 crore.

OEL Partners with TP-Link for Manufacturing:

Optiemus Electronics Limited (OEL), a wholly owned subsidiary of the Company of Optiemus Infracom, has entered a strategic partnership with global brand TP-Link to manufacture networking and IoT products in India. This alliance supports the ‘Make in India’ initiative and strengthens India’s position as a telecom manufacturing hub.

Under the partnership, OEL will produce various telecom products, including GPON devices, Wi-Fi routers, cameras, and network expansion devices. Manufacturing will take place at OEL’s advanced facility, capable of producing up to 6 million devices annually, benefiting both domestic and export markets.

This collaboration will foster a local supply chain, reducing dependency on imports. The production of TP-Link products in India will commence in February 2025, with products available for the domestic market by March 2025, creating new job opportunities.

Recent news on Optiemus Infracom:

As of Jan 02, 2025, Optiemus Infracom’s wholly-owned subsidiary, Optiemus Unmanned Systems, has partnered with Germany’s LS Spectrum Solutions for marketing, assembly, and distribution of drone-based spectrum analysis solutions in India.

Ace investor holding in Optiemus Infracom:

Ashok Mittal

Ashok Mittal holds a 1.02% stake in Optiemus Infracom Ltd, amounting to 872,154 shares valued at ₹54 crore. His investment highlights confidence in the company’s potential and growth prospects within the telecom and electronics sector.

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

Optiemus Infracom Ltd has experienced a 7.27% decline over the past week. However, the stock has seen impressive growth, with a 38.4% increase over the last 6 months and a 114% rise over the past year.

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Shareholding pattern of Optiemus Infracom:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	74.90%	74.90%	74.90%
FII	0.20%	0.60%	0.20%
DII	0.50%	0.30%	0.00%
Public	24.40%	24.20%	24.90%

About Optiemus Infracom:

Optiemus Infracom Ltd (NSE: OPTIEMUS) is a leading player in mobile handset distribution, dealing with brands like Nokia, Samsung, and HTC. With over 650 distributors and 10,000+ retail partners, the company operates across India.

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.