EMS stock hits 10% upper circuit after partnering with Realme to manufacture AIoT devices

This Electronics Manufacturing Stock is in focus after it hit 10 percent Upper circuit following their announcement of forming a partnership with the Realme smartphone brand for the manufacturing of earphones, smartwatches, and tablets. Share Price Movement With a market capitalization of Rs. 4,288 Crore, the stock of Optiemus Infracom opened at Rs. 452.90, up […] The post EMS stock hits 10% upper circuit after partnering with Realme to manufacture AIoT devices appeared first on Trade Brains.

Apr 17, 2025 - 07:30
 0
EMS stock hits 10% upper circuit after partnering with Realme to manufacture AIoT devices

This Electronics Manufacturing Stock is in focus after it hit 10 percent Upper circuit following their announcement of forming a partnership with the Realme smartphone brand for the manufacturing of earphones, smartwatches, and tablets.

Share Price Movement

With a market capitalization of Rs. 4,288 Crore, the stock of Optiemus Infracom opened at Rs. 452.90, up 1.35 percent from yesterday’s close, and after opening, it made a high of Rs. 491.50, hitting the 10 percent upper circuit mark. Additionally, the Yearly return for the stock is 81 percent, and the past 5-year return is an impressive 2,770 percent.

Update from Company

Realme, a popular smartphone brand, has partnered with Optiemus Electronics (OEL) to manufacture its next-generation AIoT products in India, including earphones, smartwatches, and tablets.

The company stated that from this year, key products such as the realme Buds T200 series, realme Buds Wireless series, and realme Buds Air series will start rolling off local production lines.

Together, both companies aim to manufacture 5 million AIoT devices annually and generate over 2,000 new employment opportunities in India. Production for the realme Buds T200 lite has already commenced.

Financial Highlights

The company reported a 2.07 percent YoY decrease in revenue from Rs. 482 Crore in Q3FY24 to Rs. 472 Crore in Q3FY25. Again, on a QoQ basis, the company reported a decrease of 1.04 percent in revenue from Rs. 477 Crore in the previous quarter.

Their Net profit saw a decrease of 16.66 percent YoY from Rs. 18 Crore to Rs. 15 Crore for the same period. On a QoQ basis, the company reported an increase of 7.14 percent in Net profit from Rs. 14 Crore in the previous quarter.

About the Company

Optiemus Infracom Limited is an Indian telecommunications company with a strong presence in mobile manufacturing, distribution, and retail. Established in 1993, the company has transitioned from its origins in financial services to becoming a key player in India’s mobile ecosystem. Through its subsidiary, Optiemus Electronics Limited (OEL), it operates a large manufacturing facility in partnership with Taiwan-based Wistron Corp.

Written By Abhishek Das

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post EMS stock hits 10% upper circuit after partnering with Realme to manufacture AIoT devices appeared first on Trade Brains.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow