IZMO: Izmo Microsystems and IIT Madras Enter Phase II of Rs. 99.94 Crore MeitY sanctioned Silicon Photonics…
IZMO (IZMO) filed a disclosure titled "Izmo Microsystems and IIT Madras Enter Phase II of Rs. 99.94 Crore MeitY sanctioned Silicon Photonics Program_Press Release enclosed". The company is valued at about ₹1,303 crore.
What happened
IZMO (IZMO) filed a disclosure with the exchanges on 7 October 2026 at 09:49 AM titled "Izmo Microsystems and IIT Madras Enter Phase II of Rs. 99.94 Crore MeitY sanctioned Silicon Photonics Program_Press Release enclosed".
Company snapshot
IZMO is a small-cap company, with a market value of about ₹1,303 crore.
The stock last traded at ₹870.7, against a 52-week range of ₹569.4–₹1,175.4 (25.9% below the high).
Before this filing the shares had moved −5.6% over the month and −9.3% over three months. Average daily turnover over the last 20 sessions was about ₹9.41 crore.
Promoters held 34.79% at the end of Q1 FY27. Foreign institutions owned 3.35% and domestic institutions 0.52%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 57 | 6 | 4.03 |
| Q2 FY26 | 60 | 12.6 | 8.43 |
| Q3 FY26 | 59 | 11.7 | 7.83 |
| Q4 FY26 | 109 | 17.3 | 11.56 |
| Q1 FY27 | 65 | 12.2 | 8.15 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 3.3% on average the next trading day and was up 5.0% on average after five days (4 filings with price data).
Market-wide, 82 corporate update filings with an impact score of 50 or more saw an average next-day move of −1.4%, with 32% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 15 Sept 2026 | A press release dated September 15, 2026, titled "izmo Microsystems… | −3.0% | +2.7% |
| 1 Sept 2026 | Corporate update | +12.7% | +11.3% |
| 24 Aug 2026 | Corporate update | −0.8% | −2.5% |
| 10 Jun 2026 | Izmo Corporate Presentation | +4.2% | +8.6% |
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.