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Vipul Organics is currently trading at Rs. 130.00, up by 5.40 points or 4.33% from its previous closing of Rs. 124.60 on the BSE.

The scrip opened at Rs. 126.95 and has touched a high and low of Rs. 131.00 and Rs. 124.05 respectively. So far 35888 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 182.00 on 13-Sep-2022 and a 52 week low of Rs. 82.00 on 31-Mar-2023.

Last one week high and low of the scrip stood at Rs. 132.00 and Rs. 112.25 respectively. The current market cap of the company is Rs. 165.27 crore.

The promoters holding in the company stood at 66.44%, while Non-Institutions held 33.56% stake in the company.

Vipul Organics has ventured into the Paper segment in the domestic market. Vipul Organics worked closely on its product innovation and over a period of 12-18 months created product lines completely focused on the segment, before launching them into the market. This innovation in product lines with Paper focused Dispersions and Dyes has been appreciated by the industry and the initial client wins include leading players like Tamil Nadu Paper, Andhra Paper, etc.

Paper dyes are dyes used to change or add to the colour of paper. Paper dyes are coloured matter soluble in the medium of application. The global Paper Dyes market size was at $1.03 billion in 2022 and is expected to grow till $1.47 billion by 2029, at a Compounded annual growth rate (CAGR) of 4.20%. Paper dyes market is going to be the fastest growing amongst Dyes and Pigments. It is expected that almost 43% of it will be dominated by the Asia Pacific region.  

Vipul Organics is a manufacturer & exporter of dyestuffs like Napthol, Naphthol, Fast Bases, Fast Colour Bases, Fast Colour Salts, Fast Salts, Fast Black, etc.