Vipul Organics is locked at its upper circuit limit at Rs. 188.25, up by 8.95 points or 4.99% from its previous closing of Rs. 179.30 on the BSE.
The scrip opened at Rs. 183.80 and has touched a high and low of Rs. 188.25 and Rs. 180.00 respectively. So far 26578 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 265.02 on 07-Oct-2024 and a 52 week low of Rs. 116.00 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 190.00 and Rs. 168.05 respectively. The current market cap of the company is Rs. 334.13 crore.
The promoters holding in the company stood at 67.76%, while Institutions and Non-Institutions held 0.19% and 32.05% respectively.
Vipul Organics has received the final approval and the first commercial order for a newly developed organic intermediate to be finally used in the Automobile Industry. This marks a strategic expansion into a new product category and new industry vertical. Following a rigorous approval process that spanned over 18 months, after an initial trial shipment exported, the first commercial order has now been confirmed. The fulfilment of the order would be done as per the schedule provided by the strategic customer.
The product, a specialty organic intermediate developed in-house by the R&D team of Vipul Organics, will be ultimately used in formulating intermediate which is critical in manufacturing the automotive components such as shock absorbers and bumper extensions. Developed and perfected over the last three years, the speciality compound produced from its intermediate product significantly enhances durability, impact resistance, and wear tolerance of the auto parts it is applied to. With this initial order in place, the company anticipates increasing demand for the new compound in the coming years, establishing a robust revenue stream from the automotive sector and further reinforcing its innovation-led growth strategy.
Vipul Organics is a manufacturer & exporter of dyestuffs like Napthol, Naphthol, Fast Bases, Fast Colour Bases, Fast Colour Salts, Fast Salts, Fast Black, etc.
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