IGI Logo

Vikas EcoTech is currently trading at Rs. 3.18, up by 0.13 points or 4.26% from its previous closing of Rs. 3.05 on the BSE.

The scrip opened at Rs. 3.03 and has touched a high and low of Rs. 3.19 and Rs. 3.03 respectively. So far 1696195 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.13 on 19-Jan-2023 and a 52 week low of Rs. 2.38 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 3.19 and Rs. 2.99 respectively. The current market cap of the company is Rs. 356.35 crore.

The promoters holding in the company stood at 7.85%, while Institutions and Non-Institutions held 15.18% and 76.97% respectively.

Vikas Ecotech has received orders valued at around Rs 20 crore for supplying Coal to one of the Prestigious Cement Manufacturers namely ‘Prism Johnson’ (Cement unit II) promoted by the Rajan Raheja Group. The supplies for this order will start within the next 15 days and will be completed by October 31, 2023. Vikas Ecotech has been actively exploring business opportunities in the Energy Segment including the conventional sources of energy being used in India as well as the Renewable and Green Energy Segments.

The company ventured into the conventional energy market with supplying of Coal which has is being used as major source of energy in India in order to make space for setting a firm foot in the Energy business segment, while the company is parallelly exploring opportunities amongst various modern and futuristic Clean, Green and Renewable Energy Materials and Products including Solar, Gas, and the latest Hydrogen Fuel Cells as well.  

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.