Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Vikas Ecotech has been catering to the footwear Industry as one of the major target segments.

Vikas Ecotech bags orders worth Rs20 crore

Global Vectra Helicorp Ltd, Ruchira Papers Ltd, Vikas Ecotech Ltd and Add-Shop E-Retail Ltd are among the other losers in the BSE’s ‘B’ group today, 09 May 2022.

Startech Finance Ltd leads losers in ‘B’ group

Vikas Ecotech reports standalone net profit of Rs 1.23 crore in the March 2022 quarter

The company is expecting revenue of Rs 360 crore in the next financial year against the estimated revenue of Rs 295 crore in the current financial year.

Vikas Ecotech scouts for acquisition in western region; Expects Rs 360 crore revenue in FY23 | The Financial Express

Vikas Ecotech Ltd is looking to log Rs 360 crore revenue in the next financial year on the back of resumption of exports which were stalled due to Covid-19 pandemic, a top company official has said.

Vikas Ecotech scouts for acquisition, expects Rs 360 crore revenue in FY23

The order book consists of new up-graded versions of materials developed by the Company for renowned national and international brands.

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

The company, which is listed on both BSE and NSE, said it is adding a solar power capacity of 172 kwp for Rs 1.05 crore at its Shahjahanpur plant in Rajasthan, which will help bring down energy costs by about Rs 21 lakh per annum.

Vikas EcoTech adding solar capacity at Rajasthan plant to save energy costs

Vikas Ecotech rose 1.56% to Rs 5.20 after the company announced an investment in green renewable energy systems to support the electricity requirement of its manufacturing facilities in Rajasthan, India.

Vikas Ecotech gains on plans to invest on renewable energy systems in Rajasthan-based plants

After completion of this phase, bank-debt shall get reduced by approx. 40% from the peak exposure, paving the way towards becoming a ‘ZERO debt company’ in the next financial year i.e. 2022-23

Vikas Ecotech update on its debt reduction program

New Delhi [India], January 29 (ANI/PNN): Listed on both Stock Exchanges, BSE (Scrip Code: 530961) and NSE (Scrip Code: VIKASECO), Vikas Ecotech Ltd has informed that its recently started ’Infra Product Division bagged a firm order amounting Rs 300

Vikas Ecotech’s Infra Product Division bags single largest order of Rs 300 million

Vikas Ecotech Board gives nod to Debt Reduction Program Phase-II; overall bank debt to go down by 20%

Vikas EcoTech Limited manufactures and distributes specialty polymers compounds and additives.

Vikas Ecotech Ltd

Vikas Ecotech Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Vikas Ecotech bags orders worth Rs20 crore

Startech Finance Ltd leads losers in ‘B’ group

Vikas Ecotech reports standalone net profit of Rs 1.23 crore in the March 2022 quarter

Vikas Ecotech scouts for acquisition in western region; Expects Rs 360 crore revenue in FY23 | The Financial Express

Vikas Ecotech scouts for acquisition, expects Rs 360 crore revenue in FY23

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

Vikas EcoTech adding solar capacity at Rajasthan plant to save energy costs

Vikas Ecotech Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Vikas Ecotech bags orders worth Rs20 crore

Startech Finance Ltd leads losers in ‘B’ group

Vikas Ecotech reports standalone net profit of Rs 1.23 crore in the March 2022 quarter

Vikas Ecotech scouts for acquisition in western region; Expects Rs 360 crore revenue in FY23 | The Financial Express

Vikas Ecotech scouts for acquisition, expects Rs 360 crore revenue in FY23

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

Vikas EcoTech adding solar capacity at Rajasthan plant to save energy costs

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock