Vikas Proppant & Granite is locked at upper circuit limit at Rs. 2.57, up by 0.05 points or 1.98% from its previous closing of Rs. 2.52 on the BSE.
The scrip opened at Rs. 2.57 and has touched a high and low of Rs. 2.57 and Rs. 2.57 respectively. So far 2115491 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 2.57 on 03-Dec-2018 and a 52 week low of Rs. 0.50 on 19-Dec-2017.
Last one week high and low of the scrip stood at Rs. 2.57 and Rs. 2.41 respectively. The current market cap of the company is Rs. 46.56 crore.
The promoters holding in the company stood at 6.35%, while Non-Institutions held 93.65% stake in the company.
Vikas Proppant & Granite has entered into a new niche market of Proppants manufacturing which ONGC and-other oil and gas drillers are importing currently. The company has planned to manufacture Proppants and mining of granite and fractured debris near Jodhpur.
The company is also setting up a meeting with TATNEFT Russia officials is organised on December 14, 2018 for considering technology transfer and 100% proppant production buy-back arrangement for next 5 years.
Vikas Proppant & Granite (Formerly known as Vikas Granaries) is an India-based company, which is engaged in manufacturing and grading of guar gum powder and grading of guar splits and its derivatives.
