Vivanta Industries gains on entering into MoU with VDRCTL
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Vivanta Industries is currently trading at Rs. 5.00, up by 0.02 points or 0.40% from its previous closing of Rs. 4.98 on the BSE.
The scrip opened at Rs. 5.15 and has touched a high and low of Rs. 5.15 and Rs. 5.00 respectively. So far 227923 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.93 on 11-May-2023 and a 52 week low of Rs. 1.29 on 17-Oct-2022.
Last one week high and low of the scrip stood at Rs. 5.47 and Rs. 4.91 respectively. The current market cap of the company is Rs. 63.50 crore.
The promoters holding in the company stood at 42.90%, while Non-Institutions held 57.10% stake in the company.
Vivanta Industries (VIL) has entered into In-principle Memorandum of understanding (MoU) with Vivanta Drone Research Centre Tanzania (VDRCTL) for Research & development of Drones; Training & development of Drones; and Setting up the assembly line. Whereby Vivanta Industries will acquire 50% stake in Vivanta Drone Research Centre Tanzania.
Vivanta Industries engages in the business of Other Professional, Scientific and Technical Activities.
