Optiemus Electronics partners with Quectel to make wireless modules in India

OPTIEMUS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.6%1-day move

₹472.00

prior close

₹467.20

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+4.0+2.7+2.2+1.7-1.6+3.0+7.1+11.2+11.0+15.3+29.0———

Up moveDown movePending

AI summary

Optiemus Electronics, a wholly-owned subsidiary of Optiemus Infracom, has entered a manufacturing partnership with Quectel IoT Technologies to locally produce wireless communication modules in India. Production will happen at OEL's Noida facility, covering automotive, 5G, 4G, Cat-1, and other cellular modules for IoT, automotive, telecom, energy, and industrial use. The move aligns with the Make in India and Atmanirbhar Bharat initiatives. No financial details or contract values were disclosed.

Likely market impact

New manufacturing partnership could boost subsidiary revenue and strengthen the company's position in India's electronics manufacturing, supporting long-term growth.