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Buy Opto Circuits, target of Rs 243: Karvy

Posted on: June 23rd 2009 in Brokerage Recommendations.

Karvy Stock Broking has maintained its buy rating on Opto Circuits, with price target of Rs 243, in its report dated June 23, 2009. “We maintain our consolidated net sales and net profit estimates for FY10 of Rs 11,140 million and Rs 2,492 million respectively. Although, the compan…

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Opto Circuits Q4 net up 62% at Rs 55 cr

Posted on: June 18th 2009 in Stock News.

Manufacturer of healthcare devices Opto Circuits India today said its consolidated net profit for the fourth quarter ended March 31, 2009, rose by 62 per cent at Rs 55.37 crore, over the same period last year.The company had a net profit of Rs 34.20 crore in the same period ended March 20…

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