India, Sept. 22 -- The share of the company, which is primarily engaged in the distribution of mobile handsets of reputed brands like Nokia and Samsung, came into focus today after its announcement of a JV with Nothing.

With a market capitalization of Rs 6,387 crore, Optiemus Infracom Lt's share on Tuesday made a day high of Rs 708.40 per share, up by 20 percent, hitting the upper circuit in the day's trade from its previous close of Rs 590.35 per share. The stock of the company gave a return of 7.34 percent over the last year.

Joint Ventures With CMF of Nothing Optiemus Infracom has entered into a binding term sheet with Nothing Electronics to establish a joint venture for the commercialisation and sale of CMF products, including smar...