OnePlus Joins Hands with Optiemus Infracom, Stock Soars 10% on Local IoT Manufacturing Deal
By Shishta Dutta | Updated at: Jan 7, 2026 02:33 PM IST
18 June 2025: Shares of Optiemus Infracom Ltd (NSE: OPTIEMUS) witnessed a sharp rally of 10.13%, hitting ₹676.90 during Tuesday’s intraday session. This sudden surge came after the company revealed a major manufacturing agreement with global electronics brand OnePlus, under which premium Internet of Things (IoT) devices will be produced in India.
Stock Performance Spikes Amid Strategic Announcement
By 11:49 AM IST, the Optiemus stock had gained ₹62.25 from its previous closing price of ₹614.65. The day’s high touched ₹682.00, before settling slightly lower. The counter has shown exceptional momentum over the past few months, with the price rebounding nearly 146% from its 52-week low of ₹274.50 (March 18, 2024) to current levels.
As of 12:26 PM IST on June 18, shares of Optiemus Infracom Ltd surged by 13.13%, rising ₹80.70 to trade at ₹695.35. The stock opened at ₹616.95, touched an intraday high of ₹704.70, and dipped to a low of ₹607.30. The company’s market capitalisation stood at ₹6,060 crore, with a P/E ratio of 94.86. The stock’s 52-week range spans from a low of ₹274.50 to a high of ₹873.80, with no declared dividend yield.
Key Trading Data at a Glance (As of June 18, 2025 – 11:49 AM IST)
| Metric | Value |
|---|---|
| Current Price | ₹676.90 |
| Previous Close | ₹614.65 |
| Day’s High / Low | ₹682.00 / ₹607.30 |
| 52-Week High / Low | ₹873.80 / ₹274.50 |
| Traded Volume (Shares) | 21.19 lakh |
| Traded Value | ₹139.93 crore |
| Market Cap (Total) | ₹5,910.95 crore |
| P/E Ratio (Adjusted) | 89.39 |
| Delivery Volume % | 26.74% |
Major Partnership: OnePlus Selects Optiemus for IoT Manufacturing in India
The rally was triggered by the announcement of a strategic tie-up between Optiemus Electronics Ltd (OEL)—a fully owned subsidiary of Optiemus Infracom—and OnePlus, under which OEL will manufacture IoT devices like TWS earbuds and neckbands at its Noida plant.
Production begins with the OnePlus Bullets Wireless Z3, a wireless neckband known for ultra-low latency and high-fidelity sound, aimed at boosting OnePlus’ presence in India’s connected devices ecosystem.
This move is part of OnePlus’ Project Starlight, designed to increase localisation, streamline production costs, and enhance supply chain agility in India.
Leadership Speak: Innovation, Localisation, and Impact
Robin Liu, CEO of OnePlus India, expressed:
“This collaboration is not just about technology—it’s about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our India community.”
Ashok Gupta, Executive Chairman, Optiemus Group, stated:
“Our partnership with OnePlus marks a significant step as we co-create a future shaped by innovation. This empowers us to manufacture high-quality IoT products and play a pivotal role in India’s electronics manufacturing landscape.”
Government Schemes Strengthen Optiemus’ Growth Outlook
This partnership aligns with India’s “Make in India” and PLI (Production-Linked Incentive) initiatives, aimed at fostering indigenous electronics manufacturing. With its enhanced positioning as a contract manufacturing partner for OnePlus, Optiemus is set to benefit from greater visibility and long-term investor confidence.
Company Profile: Optiemus Infracom Ltd
Founded in 1993 and listed on the NSE since August 8, 2017, Optiemus Infracom Ltd engages in telecom products, electronics distribution, and contract manufacturing through its arm, Optiemus Electronics Ltd. The company operates out of its Noida-based manufacturing unit in Uttar Pradesh.
The Bigger Picture: Why the Market Reacted
Optiemus’ announcement of a manufacturing alliance with OnePlus to locally produce high-demand IoT devices under Project Starlight. Sharp intraday price surge, increased trading volumes, and renewed investor optimism. The deal positions Optiemus as a long-term player in India’s growing consumer tech and wearables segment.
This move reflects a deeper trend of tech localisation and supply chain strengthening in India, and Optiemus’ aggressive pivot into premium electronics production could drive future valuation re-ratings and interest from institutional investors.
REF: https://nsearchives.nseindia.com/corporate/OPTIEMUS_18062025114420_OILSEIntimationForPressReleaseOfOELAndOnePlus_18062025.pdf
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