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Vikas Proppant & Granite Ltd.

BSE: 531518 Sector: Others
NSE: VIKASPROP ISIN Code: INE767B01022
BSE 00:00 | 19 Feb 11.20 -0.22
(-1.93%)
OPEN

11.20

HIGH

11.20

LOW

11.20

NSE 00:00 | 19 Feb 10.70 -0.20
(-1.83%)
OPEN

10.70

HIGH

10.70

LOW

10.70

OPEN 11.20
PREVIOUS CLOSE 11.42
VOLUME 3879
52-Week high 18.20
52-Week low 2.74
P/E 40.00
Mkt Cap.(Rs cr) 567
Buy Price 11.20
Buy Qty 89.00
Sell Price 11.20
Sell Qty 425835.00
OPEN 11.20
CLOSE 11.42
VOLUME 3879
52-Week high 18.20
52-Week low 2.74
P/E 40.00
Mkt Cap.(Rs cr) 567
Buy Price 11.20
Buy Qty 89.00
Sell Price 11.20
Sell Qty 425835.00

Vikas Proppant & Granite Ltd. (VIKASPROP) - Company History

Adarsh Derivatives was incorporated as a public limited company in Oct.'94 by R D Jain, M L Jain and R L Jain. The company set up a plant to manufacture 6000 tpa of guar splits, 3050 tpa of guar polymers, 1000 tpa of guar derivatives and 13,900 tpa of cattle feed, at Chandisar, Gujarat. It came out with a public issue in Dec.'95 to part-finance the project. Guar polymers and derivatives are used in textile, food processing, pharmaceuticals and oil drilling sectors, besides being used by the paper and explosive industries. The company commenced commercial production of refined guar split in Jan.'96. In 1995-96, the company generated additional split manufacturing capacity by acquiring a running plant with a capacity of 3600 tpa, on licence basis. During 1996-97, Guar Gum Powder plant started its production in Dec.'96. Company's product is doing well in the international market, particularly in USA & Europe.