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Vaishali Pharma shares locked at upper circuit on $2,70,000 order

The share touched a 52-week high of Rs 77.05 and a 52-week low of Rs 28.35 on 01 January, 2021 and 18 November, 2020, respectively.

April 23, 2021 / 12:02 PM IST
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Vaishali Pharma share price locked at 5 percent upper circuit on April 22 after the company received an order worth USD 2,70,000.

There were pending buy orders of 11,316 shares, with no sellers available.

"... has received an order worth 270,000 US dollars from Afghanistan for the supply of API, packaging material like capsule, glass vial, rubber stopper, flipoff seal, sterile water for injection etc., and Specific machinery setup such as tablets manufacturing machines," company said in the release.

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According to Moneycontrol SWOT Analysis powered by Trendlyne, the company has zero promoter pledge with strong cash generating ability from core business - improving cash flow from operation for last 2 years.

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Moneycontrol technical rating is bullish with moving averages and technical indicators being bullish.

At 11:31 hrs, Vaishali Pharma was quoting at Rs 38.50, up Rs 1.80, or 4.90 percent on the NSE.

The share touched a 52-week high of Rs 77.05 and a 52-week low of Rs 28.35 on 01 January, 2021 and 18 November, 2020, respectively.

Currently, it is trading 50.03 percent below its 52-week high and 35.8 percent above its 52-week low.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Moneycontrol News
first published: Apr 22, 2021 12:34 pm

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