/ Opto Circuits Gets Order Worth Rs 91 Crore From Philips ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 19 December 2016

Opto Circuits (India) Ltd and its subsidiaries have received an order worth Rs 91 cr from Philips Health Care for various products manufactured by the Opto Group of  Companies.

Vinod  Ramnani, Chairman & Managing  Director, OCIL, commented "These  long term Contracts help in strengthening  our relationship  with Philips Health Care.”

Opto Circuits (India) Ltd ended at Rs 9.26, down by Rs 0.11 or 1.17% from its previous closing of Rs 9.37 on the BSE.

The scrip opened at Rs 9.32 and has touched a high and low of Rs 9.4 and Rs 9.26 respectively. So far 315006(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 227.05 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 16.84 on 06-Jan-2016 and a 52 week low of Rs 8.12 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 9.69 and Rs 9.15 respectively.

The promoters holding in the company stood at 28.25 % while Institutions and Non-Institutions held 2.64 % and 69.12 % respectively. The stock is currently trading below its 200 DMA.
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