Vivimed Labs: Attractive mid cap stock

Vivimed Labs is a niche player focused on manufacturing of ingredients for various segments of cosmetic products. It has shown steady growth in its revenues and earnings over the past four years and also established itself as a supplier to some globally leading cosmetic companies like L'Oreal, Revlon etc. Going forward, the company has targeted to achieve a turnover of Rs 1,000 cr by 2012-13 and is accordingly expanding its facilities

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