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Vikas WSP touches roof on bagging export order worth Rs 92.37 crore

29 Jan 2018

Vikas WSP is locked at upper circuit limit at Rs. 15.93, up by 0.75 points or 4.94% from its previous closing of Rs. 15.18 on the BSE.

The scrip opened at Rs. 15.30 and has touched a high and low of Rs. 15.93 and Rs. 15.20 respectively. So far 2,68,000 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 18.10 on 05-Jan-2018 and a 52 week low of Rs. 6.20 on 15-Feb-2017.

Last one week high and low of the scrip stood at Rs. 16.40 and Rs. 14.72 respectively. The current market cap of the company is Rs. 309.74 crore.

The promoters holding in the company stood at 19.77%, while Institutions and Non-Institutions held 0.44% and 79.78% respectively.

Vikas WSP has received an export order for Rs 92.37 crore of newly developed Guar Gum Thermogel-25 for ultra-fermented and sausage roll applications, to bind free water for a longer period thereby enhancing the mouthfeel naturally, from MNC customers replacing high priced Locust Bean Gum.

Vikas WSP is one of India's foremost guar gum powder (GGP) manufacturer, supplying to all sectors of the food industry with an extensive range of quality products.

Related Vikas WSP Ltd. Links:

Vikas WSP Share Price

4.84 -0.05 (-1.02%) Oct 22, 18:01
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SEBI Registered: Investment Adviser - INA000013323