Opto Circuits India Ltd has announced that the Company has received formal approval from the Ministry of Commerce and Industry, Department of Commerce, Government of India for developing a SEZ at Nanjanagud near Mysore.
The Company is likely to establish its new manufacturing facilities in the proposed SEZ. It will also focus on establishing manufacturing facilities for various Health Care related Hardware Electronic products.
The stock was trading at Rs.450.40, up by Rs.5.85 or 1.32%. The stock hit an intraday high of Rs.456.85 and low of Rs.438. The total traded quantity was 204425 compared to 2 week average of 66845.