India's Optiemus Infracom gains on plans to invest in units
** Shares of Optiemus Infracom OPTI.NS rise 2% to 352.05 rupees ** Company to further invest 1.56 billion rupees ($17 million) in subsidiary Optiemus Electronics and to further invest 400 million rupees in subsidiary GDN Enterprises ** Optiemus Electronics manufactures mobile phones, hearable and wearables, IT Hardware and other telecom products ** GDN Enterprises is engaged in manufacturing and assembly of electronic products ** YTD, OPTI down ~30% ($1 = 91.9840 Indian rupees) (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;))
Recent news on Optiemus Infracom
See all newsBrief: Optiemus Infracom Says Board Approves Expansion Of Partnership With Nothing Electronics
Brief: Optiemus Infracom To Buy Bigtech Shares For 108 Million Rupees Via Rights Issue
Brief: Optiemus Infracom Ltd Approves Enhancement Of Corporate Guarantee To 550 Million Rupees For Unit
Brief: Optiemus Infracom Ltd Revises Earlier Approval Of Proposed Investment In Optiemus Electronics Ltd To Not Pursued
Brief: Optiemus Infracom Says Ai+ Smartphone Enters Manufacturing Agreement With Optiemus Electronics In India