Earnings

Vipul Organics consolidated net profit rises 119.23% in the June 2024 quarter

Vipul Organics standalone net profit rises 119.23% in the June 2024 quarter

Vipul Organics jumped 5.30% to Rs 179.90 after the company said it has initiated the construction of a facility in Sayakha in Gujarat.

Vipul Organics spurts on commencing construction at Sayakha in Gujarat

“With so much excitement in the category, it was obvious that we had to seriously look at the paper business. We were gratified by client response and are already working with the leading players in the segment,” Chairman and Managing Director Vipul P Shah said in a statement.

Vipul Organics enters into into paper segment

The hiring will mark a twenty five per cent rise in workforce across positions and verticals

Vipul Organics to add 100 employees to its workforce

Vipul Organics Standalone March 2023 Net Sales at Rs 31.39 crore, down 19.25% Y-o-Y

Vipul Organics Consolidated September 2022 Net Sales at Rs 36.76 crore, up 18.43% Y-o-Y

Milin Purohit will be responsible for opening up new geographies and bringing in clients from new areas of focus

Vipul Organics hires industry veteran to head sales

Vipul Organics joins a handful of companies globally in the pigments sector, to have received the ECO PASSPORT.

Vipul Organics receives OEKO-TEX certification for textile industry; Stock ends 2% higher

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Stocks that will see action on March 2

1:4 bonus from Vipul Organics

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Vipul Organics Limited makes dyes, chemicals and intermediates. The Company's portfolio of products includes Organic Pigments; Pigment Dispersions; Basic, reactive, acid & direct Dyes; Naphthols; Fast Color Bases, and Herbal Extracts.