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Vikas Ecotech touches roof on bagging orders for Organotin Heat Stabilizer material from HIL

Vikas EcoTech Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 530961 | NSE: VIKASECO

28 Feb 2022 Evaluate

Vikas EcoTech is currently trading at its upper circuit limit of Rs. 5.34, up by 0.25 points or 4.91% from its previous closing of Rs. 5.09 on the BSE.

The scrip opened at Rs. 4.95 and has touched a high and low of Rs. 5.34 and Rs. 4.84 respectively. So far 2076423 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.90 on 31-Jan-2022 and a 52 week low of Rs. 1.01 on 20-Apr-2021.

Last one week high and low of the scrip stood at Rs. 5.52 and Rs. 4.55 respectively. The current market cap of the company is Rs. 504.97 crore.

The promoters holding in the company stood at 15.60%, while Institutions and Non-Institutions held 0.08% and 84.33% respectively.

Vikas Ecotech has received orders for its Organotin Heat Stabilizer material from HIL (CK Birla Group), for application in the food grade drinking water plumbing systems, essentially the cPVC Pipes & Fittings. The current order received from HIL is valued about Rs 2 crore and will be completed within 20 days. With the receipt of this order, the company has accomplished complete revival of the Organotin domestic customers and business post the disruptions caused during the pandemic situation.

Further, the company has received an approval and the first bulk (commercial) order for the Flame Retardant Additive from the E V conglomerate the Renowned ‘Olectra Green-Tech’. Olectra Greentech – a subsidiary of MEIL Group is the India’s largest Pure Electric Bus manufacturer having manufacturing facilities at Hyderabad, India.

Vikas Ecotech is a New Delhi based company engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods.

Vikas EcoTech Share Price

1.44 0.00 (0.00%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
BASF India	3703.10
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SRF	2493.65
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Deepak Nitrite	1538.00
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Vikas Ecotech touches roof on bagging orders for Organotin Heat Stabilizer material from HIL

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