Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Opto Circuits surges with arm acquiring patent application related to bioresorbable stents

26-Apr2018

Opto Circuits surges with arm acquiring patent application related to bioresorbable stents

Opto Circuits (India) is currently trading at Rs. 10.85, up by 0.64 points or 6.27% from its previous closing of Rs. 10.21 on the BSE.

The scrip opened at Rs. 10.85 and has touched a high and low of Rs. 11.23 and Rs. 10.65 respectively. So far 6,74,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 11.75 on 29-Nov-2017 and a 52 week low of Rs. 6.84 on 05-Oct-2017.

Last one week high and low of the scrip stood at Rs. 11.23 and Rs. 9.27 respectively. The current market cap of the company is Rs. 311.93 crore.

The promoters holding in the company stood at 21.53%, while Institutions and Non-Institutions held 1.74% and 76.73% respectively.

Opto Circuits (India) -- wholly owned subsidiary -- Eurocor GmbH, an international leader in vascular devices, has acquired patent application related to bioresorbable stents.

Bioresorbable stents represent a novel alternative to traditional vascular stent technology. This novel stent design uses a material combination of metal and polymer which combines the advantage of bioresorbable and robust stent properties. The patent grant will bolster the extension of Eurocor product portfolio to include bioresorbable devices, capable of addressing significant new markets and customers globally.

Opto Circuits (India) designs, develop, manufacture, market and distribute a range of medical products that are used by healthcare establishments in more than 150 countries.



Related News

View all news

HDFC trades higher on the bourses

Housing Development Finance Corporation is currently trading at Rs. 1921.45, up by 1.40 points or 0.07% from its previous closing of Rs. 1920.05 on the BSE.The scrip opened at Rs. 1919.70 and has touched......

GAIL rises on planning to invest in start-ups, solar power plants, battery charging stations

GAIL (India) is currently trading at Rs. 382.70, up by 3.60 points or 0.95% from its previous closing of Rs. 379.10 on the BSE.The scrip opened at Rs. 378.25 and has touched a high and low of Rs. 386.85......

InterGlobe Aviation rises on reporting passenger load factor of 88.7% in July

Interglobe Aviation is currently trading at Rs. 1088.45, up by 2.70 points or 0.25% from its previous closing of Rs. 1085.75 on the BSE.The scrip opened at Rs. 1075.00 and has touched a high and low of......

Top News

View all news

Uday Jewellery commences manufacturing activities at Hyderabad unit

Uday Jewellery Industries has commenced the manufacturing activities in premises situated at Hyderabad taken on lease for enhancement of its manufacturing capabilities for manufacture of specialty jewellery......

Strides Shasun's arm receives acceptance from USFDA for two key ANDAs

Strides Shasun's step-down wholly owned subsidiary, Strides Pharma Global, Singapore has received Abbreviated New Drug Application (ANDA) “acceptable for filing” correspondence from the United States Food......

IDBI Bank sells 3.90% stake in NSDL

IDBI Bank has sold 15,60,000 equity shares constituting 3.90% of the paid up capital of National Securities Depository (NSDL) on August 21, 2018.IDBI Bank is the youngest, new generation public sector......