In the current strong market trend, investors have shown great interest in buying shares of the specialty chemicals company Vipul Organics.
On Thursday, June 26, 2025, the stock hit its 5% upper circuit and reached ₹216.65 per share. However, it still remains below its 52-week high of ₹265.17, which was recorded in October last year.
Why is the stock going up now?
The stock rose on Thursday following a key announcement by the company. Vipul Organics shared a major update related to its entry into the membrane manufacturing sector.
The company plans to step into membrane manufacturing, which is considered a big move to explore the global water treatment market.
To note, the global wastewater treatment market was valued at $323.32 billion in 2023.
This market is expected to grow to $617.81 billion by 2032, with an annual growth rate of 7.5%.
Company receives first major order
Vipul Organics Limited has bagged its first commercial order for a newly developed organic intermediate used in the automobile industry.
This order came after nearly 18 months of testing and approval. The new product was fully developed by the company’s in-house research and development team.
How were the company’s quarterly results?
In the January–March quarter of the previous financial year, Vipul Organics reported a 45.83% drop in profit to ₹78 lakh, compared to ₹1.44 crore in the same quarter of FY 2023–24.
However, the revenue went up by 5.87% to ₹43.97 crore, from ₹41.53 crore in the same period last year.