India, March 9 -- During Monday's trading session, shares of a world leader in Automotive Interactive Marketing Solutions hit a 5 percent upper circuit on the stock exchanges, after the company's arm enters defence electronics market with advanced semiconductor packaging.

With a market cap of Rs. 1,061.4 crores, shares of IZMO Limited hit a 5 percent upper circuit at Rs. 709.4 on BSE, compared to its previous closing price of Rs. 675.65. The stock has delivered multibagger returns of over 137 percent in one year, but has fallen by over 15 percent in the last one month.

News According to the latest disclosure filed with the stock exchanges, the advanced semiconductor packaging subsidiary of IZMO Limited, izmo Microsystems Pvt. Ltd., has ...