Vipul Organics announces strong export momentum in Organic Intermediates for Specialty Automotive Applications

Vipul Organics Limited, the BSE listed (VIPULORG / 530627) leading Specialty Chemicals company in the pigments and dyes segment, today announced significant progress in its portfolio of Organic Intermediates designed for speciality applications in the automobile industry, an area of strategic focus for the Company.

Following the successful execution of its first order valued at approximately Rs 10 million, Vipul Organics has continued to fulfil subsequent orders without disruption. Cumulative exports of this high value speciality intermediate have now crossed Rs 40 million till date, marking a strong and steady scale-up in global demand. This positive trajectory is expected to continue, with exports anticipated to sustain throughout the remainder of the current financial year.

Commenting on the development, Mr. Vipul P. Shah, Managing Director, Vipul Organics Limited, said, "This performance exemplifies our strategic thrust into high-growth speciality intermediates for different categories and is a validation of our continued thrust on R&D and innovation. Continuity of the orders from the global automobile sector. reflect customer confidence in our technology and capabilities. We remain committed to accelerating our presence in specialized, value-added chemistries that contribute meaningfully to our growth story."

Vipul Organics continues to diversify and expand its speciality chemicals footprint into other sectors as well.

Shares of Vipul Organics Ltd was last trading in BSE at Rs. 194.70 as compared to the previous close of Rs. 194.30. The total number of shares traded during the day was 3993 in over 37 trades.

The stock hit an intraday high of Rs. 198.70 and intraday low of 190.10. The net turnover during the day was Rs. 776799.00.

Source : Equity Bulls

Keywords

VipulOrganics INE834D01018 SpecialtyChemicals