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Vivanta Industries touches roof on entering into Joint Venture Agreement with Tamy General Trading Company

19 Jan 2023 Evaluate

Vivanta Industries is locked its upper circuit limit at Rs. 24.30, up by 1.15 points or 4.97% from its previous closing of Rs. 23.15 on the BSE.

The scrip opened at Rs. 24.30 and has touched a high and low of Rs. 24.30 and Rs. 24.30 respectively. So far 9022 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 40.30 on 19-Jan-2022 and a 52 week low of Rs. 12.16 on 05-Jul-2022.

Last one week high and low of the scrip stood at Rs. 24.90 and Rs. 21.95 respectively. The current market cap of the company is Rs. 24.30 crore.

The promoters holding in the company stood at 60.44%, while Non-Institutions held 39.56% stake in company.

Vivanta Industries has entered into Joint Venture Agreement with Tamy General Trading Company. The Joint Venture will conduct its business under the name of South Sudan Analytical Laboratory. The Joint Venture shall be formed for the purpose of setting up Government approved analytical testing facilities for pharmaceutical formulation, Medical devices, Mineral Water, Gloves and Condoms. The project is expected to commence operations from April, 2023.

The company engages in the business of Other Professional, Scientific And Technical Activities.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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