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IZMO Izmo News Story

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India's Izmo hits upper circuit on developing photonics packaging platform

** Shares of Izmo IZMO.NS climb the exchange-allowed maximum of 20% to 489.65 rupees

** Co, which provides solutions for the automotive e-retail sector, says it has developed a compact silicon photonics system that can handle 32 fiber connections at once, while keeping signal loss very low - less than 2 decibels

** Stock set to rise for third straight week, and fifth straight month

** More than 420,000 shares traded, 3.8x its 30-day moving avg

** YTD, IZMO down 10%

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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