Latest news with #VimtaLabs
Mint
30-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 30 July 2025
Breakout stocks to buy or sell: The Indian stock market is expected to open on a tepid note Wednesday, following weak cues from global markets. The trends on Gift Nifty also signal a muted opening for the benchmark indices, Sensex and Nifty 50. On Tuesday, the equity market saw a short-covering rally and the Nifty 50 ended above 24,800 level. The Sensex gained 446.93 points, or 0.55%, to close at 81,337.95, while the Nifty 50 settled 140.20 points, or 0.57%, higher at 24,821.10. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market mood has improved as the Nifty 50 index witnessed sharp rebound after inching close to its crucial support levels in 24,600 to 24,500 range. 'Nifty 50 index has ended around 24,800 and it would need to close above 24,900 to improve the bias. Till then, one should maintain a stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option,' Bagadia said. Sumeet Bagadia recommends five breakout stocks to buy today: Le Travenues Technology, Vimta Labs, Belrise Industries, Stallion India Fluorochemicals and Rallis India shares. 1] Le Travenues Technology: Buy at 231.36; Target Price ₹ 250; Stop Loss ₹ 223 2] Vimta Labs: Buy at ₹ 729.85; Target Price ₹ 760; Stop Loss ₹ 685 3] Belrise Industries: Buy at ₹ 131.79; Target Price ₹ 142; Stop Loss ₹ 127 4] Stallion India: Buy at ₹ 121.90; Target Price: ₹ 131; Stop Loss ₹ 117 5] Rallis India: Buy at ₹ 380.20; Target Price ₹ 410; Stop Loss ₹ 366 Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
25-07-2025
- Business
- Business Standard
Smallcap stock soars 14% on heavy volumes, nears record high. Do you own?
Vimta Labs share price today: Shares of Vimta Labs have moved higher by 14 per cent to ₹578 on the BSE in Friday's intra-day trade amid heavy volumes in otherwise a weak market. The stock price of smallcap company is trading close to its record high level of ₹591.50 touched on February 12, 2025. In the past six trading days, the stock rallied 24 per cent. At 12:50 PM; Vimta Labs was quoting 13 per cent higher at ₹572, as compared to 0.7 per cent decline in the BSE Sensex. The average trading volumes on the counter jumped over five-fold. A combined 5.62 million equity shares representing 12.62 per cent of total equity of Vimta Labs have changed hands on the NSE (5.16 million shares) and BSE (0.46 million shares). Vimta Labs clarification on increase in volume of the shares Vimta Labs assumes that the movement in the share price of the company is purely due to market factors and not specifically related to the company. On July 21, the company has informed stock exchange that it has made all necessary prompt disclosures within the stipulated timelines and has not withheld any events/information/announcement (including impending announcement) including any price sensitive information that may have a bearing on the operation/performance of the company or on the price behaviour in the scrip. Vimta Labs Q1FY26 results In April to June 2025 quarter (Q1FY26), Vimta Labs reported revenue of ₹99.3 crore, up 31.4 per cent year-on-year (Y-o-Y), which was driven by pharmaceutical & food contract research and testing services. Profit after tax increased 35.9 per cent Y-o-Y to ₹18.9 crore from ₹13.9 crore in a year ago quarter. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) margin improved to 35.7 per cent from 35.2 per cent. Vimta completed a successful United States Food and Drug Administration (USFDA) Good Clinical Practice (GCP) inspection with zero Form 483 observations and received a letter of cGMP compliance from ANSM (EMA) during the quarter. Vimta Labs company outlook Vimta Labs is positive about its growth prospects in clinical, pre-clinical, non-clinical, biopharmaceutical, pharma analytical, and electronics & electrical contract testing and research, all of which have a strong positive outlook despite the current global economic uncertainties, large competition, and stricter regulatory compliance requirements. The company has a strong customer base, and promising pipelines, which give it good visibility of growth over the medium term. Over the long term, the company expects it will strategically look at acquisition opportunities or alliances or partnerships to enhance its market reach, capabilities and service portfolio, to gain further market share. Vimta Labs, in its FY25 annual report, said that the trend in growth of the overseas market for the company is positive going forward. The domestic market continues to hold immense potential led by economic growth in the country. However, inflationary pressures in terms of cost of manpower, technology and material, and pricing pressures due to proliferation of laboratories in the country could be a risk to watch out for, the company said. About Vimta Labs Vimta Labs is a leading contract research and testing organisation, providing food, agri, bio/pharmaceutical, medical device, speciality chemical, and electronics companies an integrated scientific, technical, and regulatory expertise to support all stages of product development and manufacturing process. Vimta also provides environmental assessments and testing services.
Business Standard
17-07-2025
- Business
- Business Standard
Vimta Labs standalone net profit rises 53.83% in the June 2025 quarter
Sales rise 30.29% to Rs 97.56 croreNet profit of Vimta Labs rose 53.83% to Rs 18.89 crore in the quarter ended June 2025 as against Rs 12.28 crore during the previous quarter ended June 2024. Sales rose 30.29% to Rs 97.56 crore in the quarter ended June 2025 as against Rs 74.88 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 30 OPM %34.5234.62 -PBDT35.1126.14 34 PBT25.2518.16 39 NP18.8912.28 54 Powered by Capital Market - Live News
The Hindu
06-07-2025
- Science
- The Hindu
Environment impact study for Great Nicobar project downplays earthquake risk
The Environment Impact Assessment (EIA) study carried out for the ₹72,000-crore Great Nicobar Infrastructure Project (GNIP) downplays the risk of future earthquakes that could trigger tsunamis on the scale that was seen in 2004, despite several scientists suggesting that few on-ground scientific assessments have been done in the region. According to the nearly 900-page-long EIA report commissioned by the Andaman and Nicobar Islands Integrated Development Corporation and executed by a private consultant, Vimta Labs, the probability of a mega earthquake, such as the earthquake of 9.2 magnitude that led to the 2004 tragedy, was 'low'. The EIA study, while acknowledging the region's proximity and susceptibility to massive earthquakes, primarily draws on a 2019 study by scientists of the Indian Institute of Technology-Kanpur stating that the 'return period', a term for the likelihood of a similar-sized earthquake reoccurring, is 420–750 years for mega-earthquakes (magnitude of 9 or more). The return period is a shorter 80-120 years for large-magnitude earthquakes (>7.5). EXPLAINED | The prospect of energy exploration at Andaman The IIT-Kanpur report had analysed sediments from the Badabalu beach in South Andaman and revealed evidence of at least seven large tsunami events in the last 8,000 years in the region. The report states: 'Andaman Segment has enough accumulated strain to trigger a mega tsunamigenic subduction zone earthquake in near future and that there was a 2,000-year gap in the region's sediment history added uncertainty to the prediction of future earthquakes.' This bit doesn't appear in the EIA study. Speaking to The Hindu, Professor Javed Malik, the scientist who led the IIT-Kanpur study, said while their study did trace the history of major tsunamis, planners of any major infrastructure project in the Nicobar Islands should ideally conduct a 'site-specific study'. This was because an earthquake, such as the one in 2004 that was centred in Indonesia's Banda Aceh, could play out differently if the origin point was the Nicobar Islands. The Andaman-Sumatra fault line was known to be vulnerable to massive earthquakes and there was still insufficient knowledge regarding what stretches along this line were likely to rupture. He said in 2020, in a meeting with government officials, he had pointed out that studies similar to those conducted in Andaman ought to be done in Car Nicobar and Campbell areas of Nicobar, but he was still waiting to hear on it. 'Not only can we get insight into historical earthquakes but we can estimate inundation patterns and this can help plan infrastructure projects,' he added. Also Read | Great Nicobar project: Shipping Ministry proposes cruise terminal, high-end tourism infra Other scientists suggest that there are multiple sources of tsunamigenic-earthquakes that are unknown. C.P. Rajendran, geo-scientist and professor at the National Institute of Advanced Studies, Bengaluru, said that his own studies over the years and emerging studies have shown that while the Banda Aceh event may have released a certain amount of pent-up energy, there were several other 'parallel rupture lines south of the Andamans [and towards Nicobar] whose pent-up energy and history were unknown'. 'To add to that, earthquake recurrence is a non-linear process. You could have centuries without any mega-quake and then suddenly a massive one. There are local fault lines in the Great Nicobar Island [GNI] as well as changes in land levels prior to a massive earthquake. This is an extremely geo-dynamic area and major infrastructure projects here are particularly vulnerable,' he told The Hindu. 'It is better to avoid such an area for a port or a container terminal.' A senior scientist in the Ministry of Earth Sciences acknowledged that while no specific site studies in the Nicobar Islands were commissioned for the project, it would be impossible to forecast when a massive earthquake was likely and a 'calculated risk' had to be taken in executing the project. 'Depending on the nature of buildings and infrastructure, design codes will be incorporated but we can never say when the next major quake or tsunami will occur. There is much that is unknown,' the scientist said. Also Read | Tribals in Great Nicobar not against development but lack info about mega project: NCST member The GNIP envisages a trans-shipment port, an international airport, township development, and a 450 Megavolt-Amperes (MVA) gas and solar-based power plant in the GNI. Though accorded an environment and preliminary forest clearance by the Centre, concerns about the potential loss of biodiversity, tree-felling, and impact on resident tribes prompted the National Green Tribunal to order a review of the environmental aspects of the project. The islands were among the worst affected regions during the 2004 Indian Ocean tsunami-earthquake that claimed at least 1,500 lives. Atleast 10,000 Indians perished in the tsunami. The region, which comes under the highest seismological category of five, is prone to earthquakes as it has the Indian plate diving beneath the Burmese Microplate along the Andaman Trench in a process known as 'Subduction.'
Business Standard
23-05-2025
- Business
- Business Standard
Vimta Labs allots 18,272 equity shares under ESOP
Vimta Labs has allotted 18,272 equity shares under ESOP on 23 May 2025. The paid-up share capital of the Company has accordingly increased from Rs. 4,44,69,024 consisting of 2,22,34,512 equity shares having a face value of Rs. 2 each to Rs. 4,45,05,568 consisting of 2,22,52,784 equity shares having a face value of Rs. 2 each. Connect with us on WhatsApp
