Vipul Organics begins fulfilling its First Commercial Order for its Newly Developed Organic Intermediate for Use in the Automobile Industry

Vipul Organics Limited, (BSE: VIPULORG / 530627) the leading Specialty Chemicals company in the pigments and dyes segment, announced the successful fulfilment of the first part of its first commercial order for the newly developed organic intermediate to be used in the Automobile Industry.

The first export shipment has already been despatched worth almost Rs.10 Mn. The exports will continue regularly throughout the current financial year.

"The first shipment for the order within two months of receipt of the order, for an absolutely new product is a testament to our manufacturing prowess. Our R&D team continues to excel in creating cutting edge technological solutions and in this case the organic compound is an absolutely new category, and our operations team ensured that our manufacturing was geared to fulfil this order', says Mr. Vipul P. Shah, Managing Director, Vipul Organics Limited.

Shares of Vipul Organics Ltd was last trading in BSE at Rs. 211.50 as compared to the previous close of Rs. 214.80. The total number of shares traded during the day was 4864 in over 60 trades.

The stock hit an intraday high of Rs. 216.80 and intraday low of 207.00. The net turnover during the day was Rs. 1017590.00.

Source : Equity Bulls

Keywords

VipulOrganics INE834D01018 SpecialtyChemicals Commercialorder