JHS Svendgaard Laboratories trades higher on entering into exclusive tie up with Artsana Group
JHS Svendgaard Laboratories is currently trading at Rs 23.05, up by 0.05 points or 0.22% from its previous closing of Rs. 23.00 on the BSE.
The scrip opened at Rs. 23.25 and has touched a high and low of Rs. 23.90 and Rs. 22.70 respectively. So far 8477 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.40 on 12-Jan-2022 and a 52 week low of Rs. 19.45 on 29-Mar-2022.
Last one week high and low of the scrip stood at Rs. 24.05 and Rs. 20.60 respectively. The current market cap of the company is Rs. 153.81 crore.
The promoters holding in the company stood at 42.23%, while Non-Institutions held 57.77% stake in the company.
JHS Svendgaard Laboratories has entered into an exclusive tie up with Italian Company ‘Artsana Group’ to manufacture kids’ oral healthcare products in India, for their brand ‘Chicco’. ‘Chicco’ is amongst leading kids’ oral care brands in India and globally with leadership position in Europe. The Company has commenced production for toothpaste and has also started dispatches across the country.
JHS Svendgaard Laboratories is engaged in manufacturing a range of oral and dental products.