Vimta Labs Ltd

Vimta Labs Ltd is India’s most comprehensive contract research and testing organization, providing a wide range of services to biopharmaceutical, food, consumer goods, electronic, electrical, agrochemical, healthcare, medical device, power, cement, oil & gas, ores & minerals, infrastructure and many other industries, government organizations as well as other industry participants

The company’s Life Sciences Food Lab is a National Reference Lab for testing of Water, Alcoholic & Non-Alcoholic Beverages. The company has setup and operates the National Food Laboratory at Navi Mumbai, under PPP model with FSSAI. The contract was awarded to VIMTA in 2021 with a term of 25 years; The company is undertaking the environmental regulatory services such as impact assessments and post project monitoring, to various industries such as power, infrastructure, cement, oil & gas, mining etc; Has started EMI/EMC testing for electronic and electrical products/ components. Buy on declines for target price of Rs875.