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OPTIEMUS — Optiemus Infracom News Story

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TechnologySpeculativeMid CapMomentum Trap

India's Optiemus Infracom rises after unit partners with LS Spectrum Solutions

** Shares of telecom equipment maker Optiemus Infracom
 OPTI.NS  rise 4% to 772 rupees
    ** Co says its unit partners with drone-based spectrum
analyzers maker LS Spectrum Solutions to assemble and market
drone-based spectrum analysis solutions in India
    ** OPTI says partnership has potential to extend beyond
drone-based solutions
    ** Co did not disclose any financial details for the
partnership
    ** Trading vols at 226,479 mln shares, 2.2x 30-day average
    ** Stock set to gain for fourth straight session
    ** OPTI more than doubled in 2024

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))

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