Vikas Ecotech Limited Secures Fire Retardant Materials Order Worth INR 28 million from Polycab for Q2 FY 2025-26

Vikas Ecotech Limited is pleased to announce that it has received a significant single order of 400 metric tonnes, valued at approx INR 28 million, from Polycab India Limited, a leading manufacturer of wires and cables in India. This order pertains exclusively to the supply of fire retardant materials (Aluminium Trihydrate - ATH) during the second quarter of FY 2025-26.

The entire order is scheduled to be executed and delivered within a period of three months, demonstrating Vikas Ecotech's operational efficiency and supply chain reliability.

The repeat order from Polycab underscores the trust placed in Vikas Ecotech's product quality, technical reliability, and commitment to providing sustainable and safety-enhancing specialty materials for critical applications in the wire and cable industry. This development further cements Vikas Ecotech's position as a preferred partner in the rapidly growing fire-retardant chemicals segment.

The demand for fire retardant materials, especially Aluminium Trihydrate (ATH), is witnessing steady growth driven by heightened safety regulations and increasing applications in construction, automotive, and wire & cable sectors. With rising infrastructure development and stringent fire safety norms, the Indian fire retardant chemicals market is projected to grow at a CAGR of over 6% in the coming years. This order positions Vikas Ecotech to capitalize on this expanding market opportunity.

Shares of Vikas EcoTech Limited was last trading in BSE at Rs. 2.38 as compared to the previous close of Rs. 2.39. The total number of shares traded during the day was 574639 in over 568 trades.

The stock hit an intraday high of Rs. 2.42 and intraday low of 2.37. The net turnover during the day was Rs. 1370372.00.

Source : Equity Bulls

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