Despite the Indian stock market coming under pressure in Friday’s trading session, shares of Izmo, which provides solutions for the automotive e-retail sector in North America, Europe, and Asia, continued their winning run, locking in another 20% upper circuit to hit a fresh all-time high of ₹587.55 apiece. This marked the second consecutive 20% upper circuit, taking the stock’s five-day cumulative gain to 53%.
The surge in demand on Dalal Street follows multiple positive developments that have attracted investor interest. On Thursday, the company announced that izmomicro, a specialized division of IZMO, had developed a high-density silicon photonics packaging platform capable of supporting 32-channel fiber input and output with an industry-leading insertion loss of less than 2 dB.
“Achieving this level of density is one of the greatest challenges in the field, demanding nanometer-scale optical alignment, advanced assembly processes, and seamless integration of electronics. The module also incorporates 32 DC I/Os, 4 RF I/Os, and high-speed RF performance up to 70 GHz, setting a new benchmark for the integration of photonic and electronic systems,” the company said in its regulatory filing.
Commenting on the development, Dinanath Soni, Executive Director of izmomicro, said, “Only a handful of companies worldwide have demonstrated this capability, and we are proud to be the first in India. This breakthrough validates our years of R&D in precision packaging and positions us as a critical partner for the global silicon photonics industry. As AI and data-driven applications demand ever-higher performance, our innovation will help power the infrastructure of the future.”
The global silicon photonics market, valued at $2.65 billion in 2025, is projected to grow to over $9 billion by 2030, at a compound annual growth rate of more than 25%. Much of this growth will be driven by the need for faster, more energy-efficient data transmission in cloud platforms, AI workloads, and telecommunications networks. With its breakthrough in packaging density, izmomicro is positioned to play a key role in this transformation.
Shares rally over 130% in less than six months
IZMO shares have maintained a stellar winning run since March 2025, closing every month in the green and gaining 133% since then. Over the longer term, the stock has delivered massive returns to investors, up 275%, 740%, and 1,648% over the past two, three, and five years, respectively. From its all-time low of ₹10.30 apiece, the stock has surged nearly 5,600% in less than six years.
The company is a top-tier, full-spectrum digital marketing and advertising partner in the automotive retail space, serving over 4,000 dealers worldwide across 37 countries and 16 languages.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
