You have come to the right place to know if the recent announcement of Polymatech starting a semiconductor manufacturing unit in Bahrain with a 16 million investment raised its unlisted share price. It is only part of the expansion plans of Polymatech Electronics that TOI or Times of India reported over one billion dollars by 2025. With the confirmed information of the Bahrain unit, the Polymatech share price is active in the grey market to once again cross Rs. 1,000, which it reached in February. 2024.
So, continue reading this blog until the end to know about the entire details of the semiconductor chip manufacturing unit in Bahrain and other expansion plans of the company to raise its Polymatech share price beyond its all-time high of Rs. 1025 to increase further for yielding high returns and more if Nandam announces the long-awaited IPO plans in the near future.
What are the expansion plans of Polymatech Electronics?
From the time BITS alumni Nandam bought Polymatech from the Japanese Fujitech, there were many developments for its unlisted share to become popular in the grey market. The manufacturing of Opto semiconductor chips increased manifold to raise the revenue and profits year after year, topping in 2024 with over Rs. 649 crores and Rs. 167, which were 10 and 20 times more than the 2024 revenue and profit. TOI reported that Polymatech will invest one billion dollars in its expansion plans by 2025. Also, the money will be helpful in streamlining its integrated operations to make many indigenous semiconductor products to reduce imports. At the SEMICON India conference in 2023, Polymatech showcased many of its cutting-edge solutions to prove its superiority in making high-quality semiconductor products at competitive costs.
Will the recent Bahrain unit 16 million investment raise Polymatech’s unlisted share price?
On September 13, Polymatech announced the starting of a semiconductor facility in Bahrain’s industrial area, Hidd and named it Atri. It is with an investment of over 16 million dollars to increase the manufacturing capacity of essential 5G and 6G components. Though it is the first step to having a global footprint, Polymatech has many such plans in the future for over one billion dollars. Hence, such ambitious expansion plans by the CEO Eswara Rao Nandam will surely raise the unlisted share price of Polymatech to reach new heights for you to make huge profits.
Since Bahrain is a strategic location to make many semiconductor chips, which are in high demand across many sectors worldwide will reduce India’s dependency on it and will pave the way to make Indigenous products become self-sufficient and not get affected by any shortage that was witnessed a few years ago along with rising the Polymatech unlisted share price more in the future.
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