Reason for stock Zoom
Optiemus Infracom share gains 15.06 % and closes in 11% today although nifty closes in -41.35(-0.17%). It is a distribution of mobile handsets Company. It distributed the mobile handsets of reputed brands like Nokia and Samsung for last 25 years. Today the Company announced a strategic partnership with Oneplus which is a giant Chinese Consumer electronics.
The partnership is related to the locally manufacture premium Internet of things (IoT) devices in India. In this collaboration, The Chinese giant Oneplus will start its IoT product line at Optiemus Noida based Elctronic Facility. In addition to its existing India-based smartphone manufacturing, it will also produce key offerings like true wireless stereo (TWS) earbuds and popular wireless neckbands (Oneplus Bullets Wireless Z3). This popular wireless neckbrand has been well known for its low latency, immersive bass, and clear audio quality. With this partnership the Oneplus will get local support from Optiemus Infracom Ltd. for bill of materials (BoM), improve cost efficiency, and strengthen supply chain flexibility.
From the official statement of Optiemus Infracom group, they stated that the collaboration with Electronics giant Oneplus will play a major milestone and a notable step in the future journey. The strategic partnership will boost the domestic manufacturing with Oneplus in a long-term vision for the Indian electronic market.
The executive Chairman of Optiemus Group Mr. Ashok Gupta said that “Our collaboation with Oneplus will definitely play a significant step, as we come together to co-create a future shaped by innovation and excellence. We specialise in transforming ideas into reality, and this partenership empowers us to manufacturer high-quality IoT products. Together, we will continue to explore new frontiers and remain committed to playing a pivotal role in shaping the future of electronics manufacturing in India”.
On the other side in a official statement, Robin Liu, the CEO of Oneplus India said,”Our partenership with Optiemus Infracom Ltd. to manufacturer IoT products locally reflects our strong commitment to project starlight. This collaboration is not just about technology-it’s about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our Indian Community”.
Overview and Finances of the Company
The Company was first founded in 1993. The business of the Company is well diversified. It is a strong player in the Indian mobility ecosystem and a award-winning telecommunications enterprise . The group has over three decades well experience in managing, distributing, manufacturing and retailing mobile brands and other telecommunication products in India. The group first started distribution of Nokia handsets which is first official mobile phone in Delhi (India) General Trade market in 1995 and bringing innovative technology products to Indian consumers through its widespread distribution and retail operations.
Finance
The Optiemus Infracom Ltd. Company trades in BSE smallcap Index. It’s market capitalisation is ₹ 5,980 Cr. only. The stock is trading in higher PE that is its price earing ratio is 94.4. It’s current price is ₹ 685. The 52 high and low are ₹ 874 and ₹ 278 respectively. The current book value is ₹ 76.2. The ROE that is Return On Equity and ROCE that is Return on Capital Employed are 11.6 % and 14.4 % respectively. The face value of the company is ₹ 10. So, there will be possibility of split found in near future. The company is not paying out any dividend to the shareholders although it is generating profits both quarterly and annually. Promoter’s has been holding the major stakes of the Company that is around 73.70%. Both FIIs and DIIs are increasing their stake in the recent quarter that is 1.41% and 1.39% respectively and the public holding is 23.49%.
Accordingly, its share price in 6 month (short term) decreases by around 9.91%, in 1 year (long term) increases by 139.9%, in 3 years (long term) increases by 180.57% , and in 5 years (long term) increases by 2585.97% i.e., it compounded the money of a investor around 26 times (if somebody invested 1 lakh in 5 years before in this share today he/she will get around 26 lakh).