Vimta Labs surges 20% on heavy volumes

Eurofins Analytical Services India increased its stake in Vimta Labs to 15.04% from 14.93% though secondary market.

SI Reporter Mumbai
Last Updated : Mar 13 2015 | 11:58 AM IST
Vimta Labs is locked in upper circuit of 20% at Rs 72 on BSE in otherwise weak market after the company said Eurofins Analytical Services India hike its stake in the company through open market transaction.

Till 1148 hours, a combined 984,501 shares changed hands as against an average around 80,000 shares that were traded daily in past two weeks on BSE and NSE. There are pending buy orders for 66,073 shares on BSE and NSE.

On March 12, 2105, Eurofins Analytical Services India Pvt Ltd bought 24,460 shares of Vimta Lab from the secondary market, the company said in a statement.

Post transaction, Eurofins Analytical Services India Pvt Ltd stake in healthcare services firm increased to 15.04% from 14.93%.

Eurofins Analytical Services India Pvt Ltd  provide a comprehensive one-stop testing services to business and organizations involved in agrochemicals, seed, biofuels, fertilizers, supplies, storage, food and feed processing facilities, export, hospitality and retail chains.
 

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First Published: Mar 13 2015 | 11:55 AM IST

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