Mumbai-based
Vaishali Pharma on Tuesday announced that the company has received its first bulk order worth Rs16cr for the delivery of PPE Kits and other Covid-19 related medical Kits.
Atul Arvind Vasani, Chairman and Managing Director of the Company says that: “In this Covid-19 Pandemic, we are expecting export orders and huge scope in exporting these Pandemic related products worldwide. Further, we have registrations of these products in various countries and believe that the Company would perform better in the upcoming future."
According to the regulatory filing, the Personal Protective Equipment (PPE) refers to the protective clothing, helmets, gloves, face shields, goggles, facemasks and/or respirators or other equipment designed to protect the wearer from injury or the spread of infection or illness. The Disposable Coverall suits are one-piece fitting for ease of movement, with sleeves, full leggings and often a hood to cover the head. The gloves help to protect when directly handling potentially infectious materials or contaminated surfaces. Facemasks help protect the nose and mouth from splattered of body fluids and other airborne infections before inhalation. A face shield provides splatter protection to facial skin, eyes, nose, and mouth. Shoe and headcovers provide a barrier against possible exposure within a contaminated environment.
Vaishali also highlighted that the range of different Covid-19 medical products such as hand sanitiser, 3 ply mask, N95 Masks, KN95 Masks, IR Thermometer, Oximeter, Face Shield, Sanitizer Stand, Sanitizer Dispenser, goggles, gloves etc. The multivitamin sprays such as `Vipramultivita spray, Vipravita D3 spray, Viprafolic A spray, Vipravta spray. The Immunity Booster such as Vipravita C supplements in different variants viz. – Vitamin C chewable tablets, Vitamin C effervescent tablets and Vitamin C with Zinc combo to fight against COVID -19 pandemic.
Vaishali expects much bigger orders in near future in Covid-19.
At around 2.29 pm, Vaishali was trading at a 52-week high of Rs58.35 per piece surging by 19.94% on Sensex.