Vikas WSP rises on bagging order worth Rs 106.23 crore

19 Feb 2018

Vikas WSP is currently trading at Rs. 15.70, up by 0.25 points or 1.62% from its previous closing of Rs. 15.45 on the BSE.

The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 15.80 and Rs. 14.80 respectively. So far 1,22,000 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. 6.51 on 17-Feb-2017.

Last one week high and low of the scrip stood at Rs. 17.20 and Rs. 14.80 respectively. The current market cap of the company is Rs. 305.27 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 order worth Rs 106.23 crore for its newly developed Guar Gum Thermogel for ultra fermented and sausage roll and dairy applications from its MNC customers replacing high priced Locust Bean Gum. The company received these orders from its customers globally.

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.


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Vikas WSP Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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