The share price of an indian chemical company specialized in manufacturing & trading of Dye stuff, Organic Pigments & Organic Intermediates has surged by close to 10.62 percent after the company announced its setting up of a new US Sales Office.
The shares of Vipul Organics Ltd, with a market capitalization of Rs. 261.71 crores on Thursday. Its shares are trading at a CMP of Rs 150.45, against the previous closing price of Rs 136.00. The stock was up close to 10.62 percent from the previous closing intraday. The stock has given returns of close to 25.37 percent in the past week.
What’s the news
Vipul Organics Ltd, a chemicals company specializing in pigments and dyes, has expanded its global footprint with the opening of a new sales office in the United States. The newly established entity, Vipul Organics USA Inc., is based in Delaware and aims to strengthen the company’s sales and marketing efforts across the U.S. and Central American markets. With all regulatory approvals secured, the office is now operational and will also serve as a logistical hub for quicker order fulfillment.
According to Managing Director Mr. Vipul P Shah, the move addresses recent logistical challenges stemming from geopolitical and tariff-related disruptions. The company will maintain local inventory in a dedicated U.S. warehouse to ensure faster delivery of dyes and pigments. With exports to the Americas already contributing around 20 percent to its revenue, this strategic expansion is expected to significantly enhance customer service and support the company’s growth ambitions in the region.
About the company
Vipul Organics Ltd is a BSE-listed specialty chemicals company specializing in pigments, dyes, and colorants. Established in 1973, the company is headquartered in Mumbai, Maharashtra, and operates manufacturing facilities in Ambernath, Palghar, and Tarapur. With a global presence in over 50 countries, Vipul Organics serves diverse industries, including textiles, paints, plastics, paper, rubber, and food packaging.
The company’s revenue from operations has surged by 10.42 percent from Rs. 37.61 Crores in Q3FY24 to Rs. 41.53 Crores in Q3FY25, whereas the net profits of the company have grown by 82.5 percent from Rs. 0.8 crores in Q3FY24 to Rs. 1.46 Crores in Q3FY2025.
Written by Likesh Babu S
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