Is Vikas WSP a good buy?

Is Vikas WSP a good buy?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vikas WSP Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Is Vikas WSP safe?

This surplus suggests that Vikas WSP is using debt in a way that is appears to be both safe and conservative. Given it has easily adequate short term liquidity, we don’t think it will have any issues with its lenders. There’s no doubt that we learn most about debt from the balance sheet.

What is the business of Vikas WSP?

The company Vikas WSP Limited was established in 1998. It is one of India’s foremost guar gum powder (GGP) manufacturer, supplying to all sectors of the food industry with an extensive range of quality products.

What is the work of Vikas EcoTech?

Vikas EcoTech Limited, a BSE listed company, primary business is trading and distribution of Petroleum and Petrochemical products.

What is the use of guar gum?

Guar gum is a novel agrochemical processed from endosperm of cluster bean. It is largely used in the form of guar gum powder as an additive in food, pharmaceuticals, paper, textile, explosive, oil well drilling and cosmetics industry.

Is Vikas Ecotech a multibagger?

Vikas Ecotech shares are of those multibagger penny stocks. This multibagger chemical stock has given around 275 per cent return in last one year whereas in last two years, it has given near 650 per cent return after surging from ₹0.69 to ₹5.30 apiece levels.

What is the future of Vikas Ecotech share?

Vikas EcoTech Limited (NSE: VIKASECO) As on 7th Jul 2022 VIKASECO SHARE Price closed @ 3.75 and we RECOMMEND Buy for LONG-TERM with Stoploss of 3.00 & Strong Sell for SHORT-TERM with Stoploss of 4.13 we also expect STOCK to react on Following IMPORTANT LEVELS.

Where is guar grown India?

Rajasthan in western lndia is the major guar producing state, accounting for 70% of the production. Guar is also grown in Gujarat, Haryana, Punjab and in some pars of Uttar Pradesh and Madhya Pradesh. Production in India: Guar seeds – 8,50,000 tons per annum (approx.)

Is Vikas Ecotech worth buying?

For such investors, there is a piece of good news as stock market experts have recommended Vikas Ecotech stocks to buy, a penny stock that they expect to emerge as possible multibagger penny stock for 2022. They said that the penny stock is nearing a breakout and can go up to ₹11.60 apiece levels in short term.

What is guar called in English?

cluster bean
The guar or cluster bean, with the botanical name Cyamopsis tetragonoloba, is an annual legume and the source of guar gum. It is also known as gavar, gawar, or guvar bean….

Which state is the largest producer of guar about 70 %) in India?

Rajasthan
Rajasthan is a major producer of guar among Indian states. The State produces more than 70% of total guar seed produced in the country. Haryana is the second largest Guar producing state in India which contributes around 11% of total guar seed production.

Can Vikas Ecotech be a multibagger?

Is guar gum safe for humans?

While guar gum may be generally safe in moderation for most, some people should limit their intake. Though the occurrence is rare, this additive may trigger an allergic reaction in some people ( 20 , 21 ). Furthermore, it can cause digestive symptoms, including gas and bloating ( 22 ).