Shares of Izmo Ltd hit the upper circuit after soaring 16.61% on Friday to ₹571, extending a two-day rally of nearly 37%. The sharp surge came after the company’s special division, Izmomicro, announced the development of a high-density silicon photonics packaging platform, marking India’s entry into next-generation semiconductor technologies.
Izmomicro said the breakthrough platform supports 32-channel fibre input and output with an insertion loss of less than 2 dB, a key milestone in overcoming one of the biggest challenges in silicon photonics. The module also integrates 32 DC input/outputs, 4 RF input/outputs, and delivers high-speed RF performance up to 70 GHz, setting a benchmark for photonic-electronic system integration.
Silicon photonics is increasingly emerging as the backbone for multi-terabit optical communication, crucial for AI, hyperscale data centres, and 5G and 6G networks. By addressing packaging challenges, Izmomicro has positioned itself as a strong contender in the global market, with the innovation expected to play a key role in powering AI and cloud infrastructure.
Dinanath Soni, Executive Director of Izmomicro, said the breakthrough makes Izmo the first Indian company to demonstrate such capability, joining only a handful of players worldwide.
At the market level, Izmo shares traded between ₹531 and ₹583.40 during the session, with its market capitalization rising to ₹8.51 billion. The stock has gained strong momentum in recent sessions as investors bet on the company’s semiconductor ambitions.
