VHCL Industries is currently trading at its upper circuit limit of Rs. 1.81, up by 0.08 points or 4.62% from its previous closing of Rs. 1.73 on the BSE.
The scrip opened at Rs. 1.81 and has touched a high and low of Rs. 1.81 and Rs. 1.81 respectively. So far 185719 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 2.26 on 30-Mar-2015 and a 52 week low of Rs. 1.08 on 07-Nov-2014.
Last one week high and low of the scrip stood at Rs. 1.90 and Rs. 1.63 respectively. The current market cap of the company is Rs. 46.59 crore.
The promoters holding in the company stood at 35.55 % while Non-Institutions held 64.44% stake in the company.
VHCL Industries has obtained a new order worth Rs 32.50 crore from a large trading house to supply 4300 MT of compounded ‘recycled Plastic Granules’ over a period of nine months, starting July 2015. The trading house deals predominantly in metals and other commodities and is keen to diversify to plastic. The successful completion of this order may lead to regular business from this trading house.
VHCL Industries is involved primarily in the polymer business-Plastic Recycling. The company is a market leader in this field, being the single largest polymer recycling company.
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