Vikas EcoTech Limited (VIKASECO)

Price	3.95 -0.05 (-1.25%)	52 Week High	5.05
ISIN	INE806A01020	52 Week Low	2.35
Industry	Chemicals: Major Diversified	Volume	10.4 M
Sector	Process Industries	P/E Ratio TTM	39.94
Market Cap	4.5 B	1 Year Beta	1.94

Vikas EcoTech Limited (VIKASECO) is a specialty chemical company headquartered in Mumbai, India. It was founded in 1985 by Vikas J. Shah.

VIKASECO manufactures and distributes a range of specialty chemicals, including:

Polymers: VIKASECO is a leading manufacturer of polymers for a variety of applications, such as adhesives, sealants, and coatings.
Additives: VIKASECO offers a range of additives for a variety of applications, such as plastics, rubber, and paints.
Catalysts: VIKASECO offers a range of catalysts for a variety of applications, such as petroleum refining, chemical processing, and pharmaceuticals.
Other products: VIKASECO also manufactures a range of other specialty chemicals, such as lubricants, greases, and solvents.

VIKASECO’s products are used by a variety of industries, including petrochemicals, plastics, rubber, paints, and pharmaceuticals. The company has a strong track record of growth and profitability. The company’s revenue has grown at a CAGR of 10% in the last 5 years.

VIKASECO is well-positioned for future growth. The company is benefiting from the growth of the Indian specialty chemicals market. The company is also expanding its product range and geographical reach.

VIKASECO faces some challenges, such as competition from other global players and the need to invest in new technologies. However, the company is well-positioned to overcome these challenges and continue to grow in the future.

Here are some of VIKASECO’s strengths:

Strong brand name: VIKASECO is a well-known and respected brand in the Indian specialty chemicals market.
Strong track record of growth: VIKASECO has a strong track record of growth, with its revenue and profits growing at a CAGR of 10% in the last 5 years.
Experienced management team: VIKASECO has an experienced management team with a proven track record of success in the specialty chemicals industry.
Wide product range: VIKASECO offers a wide range of specialty chemicals, which gives it a competitive advantage over its rivals.
Global reach: VIKASECO has a global reach, with operations in over 20 countries.

Here are some of VIKASECO’s challenges:

Competition: VIKASECO faces competition from other global players, such as BASF, Dow Chemical, and DuPont.
Regulation: VIKASECO is subject to regulation by the government of India, which can sometimes be complex and time-consuming.
Technology: VIKASECO needs to keep up with the latest technological advancements in order to stay ahead of the competition.
Customer acquisition: VIKASECO needs to continue to acquire new customers in order to sustain its growth.

Overall, VIKASECO is a well-positioned company with a strong track record of performance. The company is committed to innovation and is well-positioned to continue its growth in the coming years.

As for the share price target of VIKASECO, it is difficult to say with certainty. However, some analysts have predicted that the share price could reach ₹100 by the end of 2023. This would represent a growth of over 50% from the current share price.

The share price target of VIKASECO will depend on a number of factors, including the company’s financial performance, the growth of the specialty chemicals market, and the overall performance of the Indian stock market.

Vikas EcoTech Limited (VIKASECO) Chart

Technical Analysis of Vikas EcoTech Limited (VIKASECO)

Moving Averages

Period	Simple	Exponential
MA 5	4.08	4.04
MA 10	4.15	3.97
MA 20	3.61	3.74
MA 30	3.39	3.59
MA 50	3.28	3.42
MA 100	3.20	3.27
MA 200	3.15	3.25

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	50.00	Aroon Down (14)	0.00
MACD Level (12, 26)	0.28	MACD Signal (12, 26)	0.26
Relative Strength Index (7)	52.69	Relative Strength Index (14)	58.46
Stochastic %D (14 3 3)	53.74	Stochastic %K (14 3 3)	49.17
Stochastic RSI Fast (3, 3, 14, 14)	18.49	Stochastic RSI Slow (3, 3, 14, 14)	30.13
Bollinger Upper Band (20)	4.76	Bollinger Lower Band (20)	2.46
Keltner Channels Upper Band (20)	4.29	Keltner Channels Lower Band (20)	3.18
Donchian Channels Upper Band (20)	5.05	Donchian Channels Lower Band (20)	2.80
Ichimoku Conversion Line (9, 26, 52, 26)	4.40	Ichimoku Base Line (9, 26, 52, 26)	3.93
Ichimoku Leading Span A (9, 26, 52, 26)	3.14	Ichimoku Leading Span B (9, 26, 52, 26)	3.40
Positive Directional Indicator (14)	37.57	Negative Directional Indicator (14)	16.87
Volume Weighted Average Price	3.97	Volume Weighted Moving Average 20	3.79

Oscillator Rating

Oscillators

Awesome Oscillator	0.75
Ultimate Oscillator (7,14,28)	53.67
Money Flow (14)	81.00
Chaikin Money Flow (20)	0.10
Commodity Channel Index (20)	44.69
Bull Bear Power	0.16

High / Low

1 Month	5.05	2.80
3 Month	5.05	2.80
6 Month	5.05	2.35
52 Week	5.05	2.35
All Time	21.62	0.59

Volume

Volume	10.4 M
Average 10 D	51.9 M
Average 30 D	33.5 M
Average 60 D	22.3 M
Average 90 D	18 M

Change/Volatility

Change	-0.05 (-1.25%)
Change 1W	-0.30 (-7.06%)
Change 1M	0.95 (31.67%)
Volatility	3.85
Volatility W	4.47

Performance

Yesterday	14.49
Weekly	-12.22
Monthly	33.90
3 Month	19.70
6 Month	41.07
Yearly	21.54
5 Year	-47.42
All Time	-43.41

Misc.

Average Day Range (14)	0.32
Average Directional Index (14)	41.19
Average True Range (14)	0.26
Williams Percent Range (14)	-53.66
Rate Of Change (9)	2.60
Hull Moving Average (9)	3.97
Momentum (10)	0.65
Parabolic SAR	4.98

PIVOT POINTS of Vikas EcoTech Limited (VIKASECO)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.95	2.50	2.75	3.05	3.30	3.60	4.15
Fibonacci	2.50	2.71	2.84	3.05	3.26	3.39	3.60
Camarilla	2.85	2.90	2.95	3.05	3.05	3.10	3.15
Woodie's	2.23	2.51	2.78	3.06	3.33	3.61	3.88
DeMark's	-	-	2.63	2.99	3.18	-	-

Financial Analysis of Vikas EcoTech Limited (VIKASECO)

Income Statement

Basic EPS (FY)	0.10
Basic EPS (TTM)	0.10
EBITDA (Annual YoY Growth)	-5.21
EBITDA (Quarterly QoQ Growth)	-18.86
EBITDA (Quarterly YoY Growth)	-11.68
EBITDA (TTM)	213.8 M
EBITDA (TTM YoY Growth)	-19.55
EPS Diluted (Annual YoY Growth)	571.33
EPS Diluted (FY)	0.10
EPS Diluted (Quarterly QoQ Growth)	-26.60
EPS Diluted (Quarterly YoY Growth)	-10.39
EPS Diluted (TTM)	0.10
EPS Diluted (TTM YoY Growth)	23.32
Free Cash Flow Margin (FY)	19.27
Gross Profit (Annual YoY Growth)	1.41
Gross Profit (FY)	265.8 M
Gross Profit (MRQ)	61.2 M
Gross Profit (Quarterly QoQ Growth)	-7.48
Gross Profit (Quarterly YoY Growth)	6.84
Gross Profit (TTM YoY Growth)	4.79
Last Year Revenue (FY)	4 B
Revenue (Annual YoY Growth)	58.46
Revenue per Employee (FY)	47.8 M
Revenue (Quarterly QoQ Growth)	-15.56
Revenue (Quarterly YoY Growth)	-34.95
Revenue (TTM YoY Growth)	15.78
Net Income (Annual YoY Growth)	584.23
Net Income (FY)	95.3 M
Net Income (Quarterly QoQ Growth)	-13.18
Net Income (Quarterly YoY Growth)	6.06
Net Income (TTM YoY Growth)	42.16
Total Revenue (FY)	4 B

Valuation

Enterprise Value/EBITDA (TTM)	21.04
Number of Employees	83.00
Number of Shareholders	271 T
Shares Float	1.1 B
Price to Book (FY)	1.57
Price to Earnings Ratio (TTM)	39.94
Price to Revenue Ratio (TTM)	1.20
Price to Sales (FY)	0.94
Total Shares Outstanding	1.1 B
Research & development Ratio (FY)	0.01
Selling & Admin expenses Ratio (FY)	1.91
Selling & Admin expenses Ratio (TTM)	4.10

Balance Sheet

Total Assets (Annual YoY Growth)	-0.52
Total Debt (Annual YoY Growth)	-33.53
Total Liabilities (FY)	1 B
Cash & Equivalents (FY)	2.1 M
Cash and short term investments (FY)	40.1 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	2.40
Net Margin (TTM)	2.59
Gross Margin (FY)	6.70
Gross Margin (TTM)	8.77
Operating Margin (FY)	4.77
Operating Margin (TTM)	4.67
Pretax Margin (TTM)	2.95

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Vikas EcoTech Limited (VIKASECO)

Vikas EcoTech Limited (VIKASECO) Chart