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Vikas Ecotech is currently trading at Rs. 4.05, up by 0.08 points or 2.02% from its previous closing of Rs. 3.97 on the BSE.

The scrip opened at Rs. 3.97 and has touched a high and low of Rs. 4.25 and Rs. 3.89 respectively. So far 1604991 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. 1.52 on 19-Jul-2021.

Last one week high and low of the scrip stood at Rs. 4.48 and Rs. 3.60 respectively. The current market cap of the company is Rs. 385.88 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 had received orders valued Rs 36 crore for the infrastructure business division to be supplied in Q2FY2022-23. The infrastructure development segment in India witnessed a double-digit growth during recent years and offers exponential growth prospects for the future, whereas the public sector (Government) plans to invest about Rs 102 lakh crore on infrastructure projects by 2024-25, the private sector is also poised to keep growing at encouraging numbers. 

The company has been catering to the infrastructure development industry as one of its major business divisions targeting broad-basing of its product portfolio. The company will be focusing on this business segment and adding more products and reaching out to more geographical locations. Considering the potential of the targeted business segment and the strong status of the order book Annual Sales Target for Infrastructure Products Division for the Financial Year 2022-23 has been heightened to Rs 225 crore on standalone basis. 

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.