Opto Circuits soars 14% on reports that Goldman may buy stake

Opto Circuits surged as much as 14 per cent on Monday on reports that global investment bank Goldman Sachs may acquire a 26 per cent stake in the Bangalore-based company, which manufactures medical equipment maker. According to media reports the deal is valued at Rs 300 crore. As of 09.55 a.m., Opto Circuits shares traded 11.8 per cent higher at Rs 34.60 on the BSE. The stock had earlier hit a high of Rs 35.25. It was the most t...