Qualitek Labs: Stock jumps 5% after securing contract from IOCL; Announces acquisitionQualitek Labs: Stock jumps 5% after securing contract from IOCL; Announces acquisition

Introduction

Leading life sciences and testing company secured a three-year contract with a major refinery and expanded operations by acquiring a food testing laboratory in Mumbai, strengthening its presence in quality and analytical services.

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Share price movement of Qualitek Labs

On September 18, 2025, Qualitek Labs Ltd opened at ₹439.00, up 2.85% from its previous close of ₹426.85. The stock reached a high of ₹447.00 and a low of ₹438.00. By 10:51 AM, it traded at ₹447.00, a 4.72% increase, with a market cap of ₹446.08 crore.

Qualitek Labs Secures IOCL Contract, Acquires Mumbai Lab

Qualitek Labs Limited’s subsidiary, Interstellar Testing Centre, received a three-year contract from Indian Oil Corporation Limited for operation and maintenance of outsourced testing activities at Panipat Refinery.

Qualitek Labs Limited also acquired the Food Testing Laboratory, Mumbai, through a slump sale. This expands the company’s footprint in food and life sciences testing across India.

Ace investor holding in Qualitek Labs

Ashish Kacholia holds a 5.07% stake in Qualitek Labs Ltd, owning 5,06,400 shares valued at ₹22.5 crore.

Stock performance of Qualitek Labs for Period of 1 week, 6 months, and 1 year

Qualitek Labs Ltd delivered an 11.0% return over the past week. The stock gained 78.2% over the past six months and 40.0% over the past year.

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Shareholding pattern of Qualitek Labs

Particulars	Mar 2025	Sep 2024	Mar 2024
Promoter	54.20%	73.40%	73.40%
FII	1.80%	0.00%	0.00%
DII	0.30%	0.00%	0.00%
Public	43.80%	26.60%	26.70%

About Qualitek Labs

Qualitek Labs Ltd (BSE-SME: 544091), founded in 2018, offers testing, inspection, homologation, certification, and consulting services across automotive, defense, metals, environment, minerals, food, agriculture, and pharma industries in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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