Virtuoso Optoelectronics rises on signing operating lease agreement with Star Eltech Manufacturing
Virtuoso Optoelectronics is currently trading at Rs. 431.95, up by 4.55 points or 1.06% from its previous closing of Rs. 427.40 on the BSE.
The scrip opened at Rs. 418.85 and has touched a high and low of Rs. 434.05 and Rs. 400.00 respectively. So far 31250 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 690.00 on 09-Jan-2025 and a 52 week low of Rs. 358.50 on 22-Nov-2024.
Last one week high and low of the scrip stood at Rs. 501.05 and Rs. 400.00 respectively. The current market cap of the company is Rs. 1337.06 crore.
The promoters holding in the company stood at 52.13%, while Institutions and Non-Institutions held 5.73% and 42.14% respectively.
Virtuoso Optoelectronics has signed an operating lease agreement with Star Eltech Manufacturing. Virtuoso Optoelectronics would lease manufacturing assets of Star Eltech Manufacturing at Chennai to start manufacturing Air Conditioners.
Virtuoso Optoelectronics is engaged in manufacturing of high-volume, large-scale production of consumer & industrial products.
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