Evexia Lifecare zooms on starting operations at Vadodara API facility
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Evexia Lifecare is currently trading at Rs. 7.55, up by 0.51 points or 7.24% from its previous closing of Rs. 7.04 on the BSE.
The scrip opened at Rs. 7.10 and has touched a high and low of Rs. 7.68 and Rs. 6.75 respectively. So far 2979788 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 31.80 on 11-May-2021 and a 52 week low of Rs. 4.93 on 30-Mar-2022.
Last one week high and low of the scrip stood at Rs. 8.25 and Rs. 6.75 respectively. The current market cap of the company is Rs. 234.73 crore.
The promoters holding in the company stood at 43.02%, while Institutions and Non-Institutions held 1.78% and 55.20% respectively.
Evexia Lifecare has started operations of Active Pharmaceutical Ingredient (API) / Intermediate of Isometamidium (Isometa), from April 18, 2022 onwards at Vadodara based manufacturing plant.
The company has also decided to build up more than 150000 sqft plant facility at Vadodara based location. This facility will be in accordance with the USFDA for the manufacturing of the other APIs and Intermediate products. The company is expecting significant achievement in respect of production and market share of these products. Its scientists are working 24x7 for trials of other APIs/intermediates at a world class facility of laboratory available at its Vadodara based location.
Evexia Lifecare manufactures edible oil. The company offers cottonseed, groundnut, mustard, soyabean, sunflower, and corn oil, as well as industrial oil.
