Vikas Ecotech-led Specialty Compounds division secures fresh orders worth Rs65 million

10 Mar 2022 , 03:40 PM

Vikas Ecotech Limited has announced to the exchanges regarding its Specialty Chemicals & Compounds Business.

The Specialty Compounds division has recently secured fresh orders valued at about Rs65 million, adding to the healthy order book with more than 700MT of orders which will be contributing to the performance for the current financial year, closing the current fiscal with exciting numbers.

The order book consists of new up-graded versions of materials developed by the Company for renowned national and international brands keeping up with the ever-changing fashion trends and performance pre-requisites updated regularly by the footwear industry.

Company’s esteemed customers include renowned OEM Suppliers for fashion Brand “Zara” namely — Bitufelt & Tej Shoetech; and “Clarks” namely Unisol India; apart from the regulars like Relaxo Footwears and many more.

Vikas Ecotech ended at Rs5.54 per share higher by 4.92% on Sensex.