Shares of Vaishali Pharma gain 20% after the company receives bulk order of Rs 16 crore

Shares of Vaishali Pharma added a straight 20% , touching a 52 week high on December 29 after the company received bulk order of Rs 16 crore for pharma products like PPE kits and COVID-19 medical products. The company expects more such voluminous orders in future. At 12:11 PM IST, the stock was trading at Rs 58.35, a 19.94% higher than the previous day’s close which was Rs 48.65. The pharma company is headquartered in Mumbai and has a market capitalisation of Rs 61.54 crore.

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