Support and Resistance Levels
Past performance
About Virtuoso Optoelectronics Ltd Virtuoso Optoelectronics Limited, based in Nashik, Maharashtra, is a manufacturer of white goods, including air conditioners, water heaters, and lighting products. Established in 2015 and converted to a public limited company in 2021, the company operates under both OEM and ODM models, offering comprehensive end-to-end product solutions. They excel in electronics manufacturing services, having started with a 6,000 sq. ft EMS facility in 2016 and expanded into white goods with a dedicated 100,000 sq. ft facility for air conditioners by 2021.
The company successfully raised Rs 30.24 crore via an IPO in 2022, and in 2023, acquired a 51% stake in YLP Solutions Private Limited, enhancing its capabilities. Recent expansions include facilities for pressure die casting, copper tubing systems, and deep freezers. They also launched new products like water dispensers and commercial refrigeration. In 2024, Virtuoso Polymers Private Limited was formed to bolster their component business, marking their entry into manufacturing components for emerging markets like EV chargers.