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Virtuoso Optoelectronics is currently trading at Rs. 161.20, up by 1.15 points or 0.72% from its previous closing of Rs. 160.05 on the BSE.

The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 162.00 and Rs. 159.00 respectively. So far 18000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 186.00 on 31-Jan-2023 and a 52 week low of Rs. 110.20 on 28-Sep-2022.

Last one week high and low of the scrip stood at Rs. 176.00 and Rs. 157.05 respectively. The current market cap of the company is Rs. 368.16 crore.

The promoters holding in the company stood at 73.51%, while Institutions and Non-Institutions held 1.32% and 25.17% respectively.

Virtuoso Optoelectronics (VOEPL) has launched of its fourth manufacturing facility in Nashik, Maharashtra. The state-of-the-art facility will help the company meet the growing in-house demand for plastic components and cross flow fans (CFF), while also enhancing its production capabilities and customer service. This manufacturing plant is also set to be a milestone in VOEPL’s backward integration model.

The new facility is nearly 20,000 sq. ft. & is equipped with the modern machinery, which will enable VOEPL to produce Cross Flow Fans (CFF) & a wide range of plastic components to meet the specific needs of its customers. With the initial capacity to produce upto 40,000 CFFs every month, the company plans to double this capacity to around 80,000 CFF's of different capacities over the next six to nine months.

The launch of this new manufacturing facility is expected to help VOEPL reduce cost and improve production lead time. The company is continuing to build on its plans to strengthen their backward integration & to continuously work towards capacity enhancement.

Virtuoso Optoelectronics is engaged in manufacturing of high volume, large scale production of consumer & industrial products.