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Vikas WSP surges on getting order confirmation for export of guar gum

22 Apr 2019

Vikas WSP is currently trading at Rs. 22.60, up by 0.45 points or 2.03% from its previous closing of Rs. 22.15 on the BSE.

The scrip opened at Rs. 22.55 and has touched a high and low of Rs. 22.90 and Rs. 22.00 respectively. So far 70810 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 23.25 on 18-Apr-2019 and a 52 week low of Rs. 8.62 on 10-Dec-2018.

Last one week high and low of the scrip stood at Rs. 23.25 and Rs. 21.55 respectively. The current market cap of the company is Rs. 452.83 crore.

The promoters holding in the company stood at 17.86%, while Institutions and Non-Institutions held 0.42% and 81.72% respectively.

Vikas WSP has received order confirmation after plant Audit for export of guar gum newly developed Depolymerised product from IMC Kelium potash, USA for a business of 12500 MT for an approximate amount of Rs 230 crore.

The technical expert team of the Importer audited the plant of the Company on April 20, 2019 and confirmed the above order the shipments.

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

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SEBI Registered: Investment Adviser - INA000013323