Veerhealth Care rises on getting nod to manufacture, supply personal care products
Veerhealth Care is currently trading at Rs. 22.98, up by 0.17 points or 0.75% from its previous closing of Rs. 22.81 on the BSE.
The scrip opened at Rs. 23.20 and has touched a high and low of Rs. 23.48 and Rs. 22.75 respectively. So far 220479 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.00 on 26-Jul-2024 and a 52 week low of Rs. 9.29 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 23.48 and Rs. 19.92 respectively. The current market cap of the company is Rs. 45.72 crore.
The promoters holding in the company stood at 31.50%, while Non-Institutions held 68.50% respectively.
Veerhealth Care has received mandatory regulatory approval from the Food and Drug Authority, Gujarat for manufacturing and supply of personal care products for one of the India's leading marketplace company.
In addition to the regulatory approval, the company has also received its first commercial order for manufacture and supply of products in personal care category. This order is for products in skin care and face care segment and going forward more products would be added to the contract manufacturing portfolio. This development is expected to contribute positively to the Company's revenues. The size of order is Rs 0.48 crore. The said order is to be executed in 30 days.
Veerhealth Care is engaged mainly in business of trading and manufacturing and marketing research based ayurvedic medicines.
