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Vikas Ecotech gains on bagging order for supplying 4000 Metric Tonnes of Coal

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

13 May 2022 Evaluate

Vikas EcoTech is currently trading at its upper circuit limit of Rs. 3.57, up by 0.17 points or 5.00% from its previous closing of Rs. 3.40 on the BSE.

The scrip opened at Rs. 3.24 and has touched a high and low of Rs. 3.57 and Rs. 3.24 respectively. So far 2177832 shares were traded on the counter.

The BSE group 'B' 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. 1.34 on 02-Jun-2021.

Last one week high and low of the scrip stood at Rs. 4.65 and Rs. 3.24 respectively. The current market cap of the company is Rs. 340.14 crore.

The promoters holding in the company stood at 9.47%, while Institutions and Non-Institutions held 1.11% and 89.42% respectively.

Vikas Ecotech has ventured into the energy business segment with bagging the first order for supplying 4000 Metric Tonnes of Coal. This order is valued at about Rs 5.7 crore and the supplies have been lined up, expected to be completed within 30 days.

The company, in constant pursuit of expanding the product profile to newer and promising business segments, has been eyeing the energy business segment which has been the underpin for a fast and balanced growth for the Indian as well as the Global Economies. With recent crisis situation in the energy segment rooting from the Russia-Ukraine war whereas the daily global news including India have a pertinent component i.e., the global shortage of energy feedstocks including the coal, has prompted the Business Development wing to tap into the energy business, which the team managed almost instantly.

Vikas Ecotech is 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%)

21-Apr-2026 16:59 View Price Chart

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Vikas Ecotech gains on bagging order for supplying 4000 Metric Tonnes of Coal

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