The stock gave multibagger returns of 160 per cent in just 1 year and a whopping 1,900 per cent in 3 years.

The shares of the company have an ROE of 32 per cent and an ROCE of 44 per cent.

The stock is up by 76 per cent from its 52-week low of Rs 86 per share and gave multibagger returns of over 1,000 per cent in 3 years.

The stock gave multibagger returns of 145 per cent in just 6 months and a whopping 940 per cent in 2 years.

The company has a market cap of over Rs 7,500 crore and has delivered good profit growth of 48.3 per cent CAGR over the last 5 years.

The company has a market cap of Rs 115.85 crore and it is debt-free. 

The company’s only 0.21 per cent stake is owned by FIIs and the remaining 99.79 per cent stake is owned by the public as of June 2024. 

According to the financials, Vikas EcoTech has a market cap of Rs 377 crore. The company reported excellent numbers in its quarterly results and annual results. The net sales increased by 61.20 per cent to Rs 403 crore and net profit skyrocketed by 900 per cent to Rs 10 in FY23 compared to FY22

Given its large order book and excellent cash position, the company paid down its debt totally through internal accruals.