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Vikas Ecotech Ltd.

BSE: 530961 Sector: Industrials
NSE: VIKASECO ISIN Code: INE806A01020
BSE 00:00 | 18 Sep 4.27 0.12
(2.89%)
OPEN

4.35

HIGH

4.35

LOW

4.10

NSE 00:00 | 18 Sep 4.25 0.10
(2.41%)
OPEN

4.15

HIGH

4.30

LOW

4.05

OPEN 4.35
PREVIOUS CLOSE 4.15
VOLUME 18239
52-Week high 16.78
52-Week low 3.29
P/E 9.70
Mkt Cap.(Rs cr) 120
Buy Price 4.00
Buy Qty 150.00
Sell Price 4.25
Sell Qty 355.00
OPEN 4.35
CLOSE 4.15
VOLUME 18239
52-Week high 16.78
52-Week low 3.29
P/E 9.70
Mkt Cap.(Rs cr) 120
Buy Price 4.00
Buy Qty 150.00
Sell Price 4.25
Sell Qty 355.00

Vikas Ecotech Ltd. (VIKASECO) - Company History

Vikas Global One Ltd was incorporated in the year 1984. The company started business of trading and distribution of Petroleum and Petrochemical products. The company has since undergone backward integration of its business to manufacturing of high end products used in Plastic, Rubber, Footwear and Packaging industries while alongside acting as distributor of global conglomerates with niche in specialty chemicals and polymers. The manufacturing plants of the company are spread in various geographical locations across India, in the state of J&K and Rajasthan. This has been done keeping in mind the strategic and locational advantages with regard to availability of raw material, tax incentives, subsidy grants as well as market potential for finished goods. These industrial units have speedy connectivity to Road, Rail and Air transport. The company has built the plants with the best of the machineries and technical know how available from the worlds leading suppliers. The manufactured products of the company have been well received in the market and have further scope of greater development with increased production capacities. The products manufactured by the Company are environmental friendly. Company is also actively working on establishing its new manufacturing units in western part of the country since it will help Company to mark its presence in unchartered territories of highly industrialized western geography of India. The locations will be near to sea ports providing greater, cheaper and easy scope of exports. The company is contemplating to expand their current capacity with a view to tap the global markets especially in those countries wherein India has signed free trade agreements, which entitles Indian companies greater scope and larger benefits. The company is also planning to open office of its subsidiary company in Singapore with dual purposes of launch its products in the global market and channelizing the imports at a much better price for its domestic requirements.