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BW Businessworld

Opto Circuits (India): The Safety Monitor

Photo Credit :

Any stockbroker's two favourite safe sectors are FMCG and pharmaceuticals. Piggybacking on the growth in the healthcare sector is medical devices and equipment company Opto Circuits India. In a 10-year period, the stock returned almost a 100 times (98.4 times to be exact) its adjusted 2003 price; the benchmark BSE 500 returned 5.3 times. The reasons are not hard to find. It sells in a 100 countries, has grown through overseas acquisitions and pays dividend: all good for an investor's heart.

Vinod Ramnani, Chairman and MD, Opto Circuits (India)
(BW Pic By Umesh Goswami)

(This story was published in Businessworld Issue Dated 28-05-2012)