Telecom infrastructure is crucial for connecting devices and apps, improving our lives, and boosting the economy. It is the foundation for growth and a better standard of living.
On the Indian stock market, Optiemus Infracom, a leading global player in telecom sector, witnessed a surge in its share price yesterday. The share price had jumped 8.8%.
Let's explore what's fuelling the rally.
The company announced a partnership with OnePlus to manufacture premium Internet of Things (IoT) devices in India through its subsidiary, Optiemus Electronics.
Optiemus Infracom's subsidiary is manufacturing OnePlus IoT devices in India, supporting OnePlus Project Starlight to boost local production. The devices are being made at the Optiemus Electronics Noida facility.
OnePlus is expanding its IoT products in India, including wireless earbuds (TWS) and neckbands, designed to offer high performance at different price points to suit various Indian consumer's needs.
Optiemus will help OnePlus increase local production, cut costs, and improve supply chain resilience. It's already manufacturing OnePlus's Bullets Wireless Z3 neckband in India.
This collaboration is a big step towards the company's goal of becoming a trusted electronics manufacturer in India.
The share price is also being driven by mutual funds increasing their stakes.
The company experienced an upward moment in the September quarter as mutual funds increased their stake from 0.3% in December 2024 to 1.2% in March 2025.
Optiemus Infracom launched a new subsidiary, Optiemus Unmanned Systems, in 2023 to design drones. The company is now introducing drones for farming and mapping.
The company is focusing on IT hardware and telecom equipment and is also looking to tap into the growing electric vehicle market.
India has the world's second-biggest telecom market, with a growing number of subscribers, including mobile and broadband users.
With India's rapid 5G rollout and focus on 6G, the country is shifting from importing telecom tech to developing its own, transforming the industry.
The department of telecommunication is forming a group to develop 6G technology and drive its innovation. Optiemus Infracom will also benefit from this.
In the past five days, Optiemus Infracom's share price, even considering today's fall, is up almost 10%.
Over the past year, the share price gained 125%.
The stock touched its 52-week high of Rs 873.65 on 26 September 2024 and a 52-week low of Rs 278.1 on 19 June 2024.
Optiemus is a leading global player in the telecom infrastructure and solutions space.
It manufactures high-quality optical fibre cables used in various applications, such as telecommunications networks, data centres, and FTTH deployments.
Its subsidiary, Optiemus Electronics, engages in the production of various IT hardware products, including networking equipment, storage devices, wearable technology, laptops, and more.
To know more, check out the OPTIEMUS INFRACOM company fact sheet and quarterly results.
For a sector overview, read our telecom sector report.
Here are some peer group comparisons of Optiemus Infracom:
Optiemus Infracom vs Ruchi Strips
Optiemus Infracom vs Gujarat Cotex
Optiemus Infracom vs HCL Infosys
To know what's moving the Indian stock, markets today, check out the most recent share market updates here.
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