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Rama Vision gains on executing agreement with Kayempee Foods
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Rama Vision is currently trading at Rs. 84.80, up by 1.40 points or 1.68% from its previous closing of Rs. 83.40 on the BSE.
The scrip opened at Rs. 79.60 and has touched a high and low of Rs. 85.48 and Rs. 79.60 respectively. So far 6273 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.80 on 29-Apr-2024 and a 52 week low of Rs. 34.00 on 16-Jun-2023.
Last one week high and low of the scrip stood at Rs. 91.90 and Rs. 79.60 respectively. The current market cap of the company is Rs. 88.41 crore.
The promoters holding in the company stood at 54.21%, while Institutions and Non-Institutions held 0.05% and 45.74% respectively.
Rama Vision has executed an agreement with Kayempee Foods (KAYEMPEE) for availing manufacturing facilities of KAYEMPEE to manufacture and supply of candy products under Rama Vision brand name ‘MADDOX’.
The Agreement shall be valid for a period of 12 months, thereafter continue to be operative by way of renewal letter with mutual agreed terms. Either party may terminate the agreement by giving 90 days’ notice in writing to the other party.
Rama Vision is one of the leading importer and distributor of Baby and Mother care products, Skin care products, food products etc. all over India through net-work of dealers and distributors and professionally managed strong sales and marketing team.
