Cmp – 36
Accmulation zone – 32 to 36.
Initially Recommended @ 21 has already given Super Duper Returns.Stock had high of 48.50 giving almost 129% Returns in just 5 months.
Target – 50/75/100+ ( Combined demerged Value)
TF – 12 to 24 months.
👉Vikas Ecotech is one of the Best Innovative company to manufacture Speciality Chemicals.
Company has a plan to get demerged.
👉Company will focus individually to create a Mega Company of Rs.1000 cr Turnover of each Entity.
👉Vikas Ecotech has already completed a meeting with shareholders & Creditors on 24 Feb 2018 to approve demerger.
👉According to our sources company would get demerged in June or July 2018 in Two companies Vikas Ecotech & Vikas Multicorp Ltd.
We are expecting a very Bright future of company.
👉It is noteworthy that Prince Plastics (Holds more then 10% stake) which is India’s Largest and branded pipe manufacturer.
👉We are Bullish on Vikas Ecotech for next 2 to 3 years.