Vikas WSP to move higher & higher

After much times, investors, mutual funds & FI's interest has again been with the stock of Vikas WSP. It's one stock which is having Earning per share of Rs. 9 for Rs. 1 stock. It's Book Value is around Rs. 60. At multiple of 7-8 of EPS it's fair price is in the range of Rs. 63-72. This mutual funds & FI's have realized & are accumulating this stock in big volumes.

So Dear Friends, it has a very bright future. Only thing that you have to do is "KEEP PATIENCE" for some more time & certainly you shall reap rich rewards. Do buy, buy & buy this stock........Just Wait, Wait, Wait little more & see it zooms to Rs. 70-75.

Vikas WSP to move to B2 group from 6th December

As per Notice no : 20071130-31 dated 30.11.2007 on BSE site, Vikas WSP shall be Shifting from “Z” group to “B2” group with effect from Thursday, December 6, 2007.

Vikas WSP name is at Sr. No. 12 in the List.


Notice can be accessed here.........Shifting of companies from “Z” group to “B2” group

Vikas WSP - Outcome of Board Meeting on 24/10/2007

Vikas WSP informed BSE vide below notice Published at BSE site about the Outcome of Board Meeting that held on 24/10/2007.

Vikas WSP Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 24, 2007, inter alia, has concluded the following businesses:

1. The Board of Directors unanimously approved to issue 2475000 equity shares on preferential basis to Sh. B D Agarwal (Promoter) at an aggregate price of Rs 82.50 per share (Premium Rs 81.50 per share and face value Rs 1/- per share) or at a price calculated as per SEBI formula which ever is higher subject to the SEBI guidelines. However, the difference, if any, is worked out as per SEBI formula, will be paid by the promoters.

2. The Board of Directors unanimously authorized Sh. B D Agarwal, Managing Director of the Company to consider for placing not more than 15% i.e. 2.40 Crore equity shares of the post issue capital of approx Rs 16.02 Cr on Preferential basis to each FIIs. The maximum total number of shares to be issued would be 4.80 Crore. The aggregate share price would be Rs 82.50 crore or to be calculated as per SEBI formula, which ever is higher according to SEBI (DIP) guidelines. The negotiations in respect of placement of shares will be done with these FIIs during London (UK) visit of Sh. B D Agarwal w.e.f. October 28, 2007 to November 01, 2007.

3. The funds so raised will be used to part finance the ongoing planned projects of the Company as under:-

A. BARODA PROJECT - For the manufacture of guar derivatives for use in ENERGY SECTOR i.e. oil & gas wells fracturing / exploration.

B. BIKANER PROJECT - For the manufacture of Organic Guar Polymers & other products for use in organic food applications.

4. The Board also authorized Sh. B D Agarwal to comply with all the legal formalities whatsoever in respect of items No. 1 and 2 above and also to appoint consultants, etc., as needed.


The above notice can be accessed at this Link of BSE here

Vikas WSP - Board Meeting on Oct 31, 2007

Vikas WSP informed BSE vide below notice Published at BSE site about the Board Meeting to be held on Oct 31, 2007.

Vikas WSP Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2007, inter alia, to consider to engage an Internationally renowned Audit Firm as a statutory auditors of the Company.

The above notice can be accessed at this Link of BSE here

Independent Directors on Board of Vikas WSP

Vikas WSP informed BSE vide below notice Published at BSE site about Independent Directors which shall be on Board of Vikas WSP.

Vikas WSP Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2007, inter alia, to consider & approve the following persons for taking them on the Board of the Company as Independent Directors:

1. Shri. Vishanu Bhagwan, IAS (Retd.)

2. Shri, Kishan Lal (IPS Retd.)

3. Shri. R A Mittal (IRS Retd.)

The above notice can be accessed at this Link of BSE here

Preferential shares to FIIs Groups also

Vikas WSP informed BSE vide below notice Published at BSE site about Preferential shares to be issued to FIIs Groups.

Vikas WSP Ltd has informed BSE that the meeting of the Board of Directors of the Company which is scheduled to be held on October 24, 2007, inter alia, also to consider and to authorize Mr. B D Agarwal, Managing Director of the Company to issue equity shares of the Company on preferential basis to different FIIs groups registered with SEBI.

The above notice can be accessed at this Link of BSE here

Preferential shares to the promoters at Rs 82.50/- per share

Vikas WSP informed BSE vide below notice Published at BSE site about Preferential shares to be issued to the promoters at Rs 82.50/- per share.

Vikas WSP Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 24, 2007, inter alia, to consider the following :

1. To consider and to determine issuance of Equity Shares on preferential basis to the promoters at an aggregate price of Rs 82.50/- per share of Rs 1/- face value to part finance the ongoing project.

The above notice can be accessed at this Link of BSE here

Wait for Vikas WSP share to go to B1 or B2 group from Z group

Everybody is wondering why Vikas WSP share is not moving upwards now a days. Pl. note that at present this stock is in the Z group. In Z group all shares are traded on delivery basis only & shares are not net off on that day. This simply means that Day trading i.e. when you can buy & sell shares on the same day & the shares are net off on that day, is not possible now. This also means that "Day traders" who really make movement to a stock are absent in this stock.

If you just see Reliance shares, most of the trading is done by day traders, which increases the liquidity of the stock in the market & volumes are increased phenomenally & hence speculative buying ( by not investing much money or at all any money) increases the share price. So the juice that is provided to any share by the "Day traders" is missing in Vikas WSP right now, hence there is no speculative buying in this stock. Share market is mostly about speculation & that is provided by "Day traders" only. Now this "Day trading" can only happen once Vikas WSP share comes out of "Z group" & moves to B1 or B2 group.

As per today's quarterly results, Vikas WSP has shown remarkably well, increase in profits & sales. Seeing the health of the company & it's future plans, this share shall increase greatly once it moves to B1 or B2 group & when "Day traders" are able to increase liquidity of this stock in the market. So advice to all those who are holding this shares, is to wait a little bit more, as very soon it shall come out of "Z group" & shall move to B1 or B2 group. Once that happens, it's price shall zoom like anything.

So Dear Friends, don't lose heart, as it has a very bright future. Only thing you have to do is "KEEP PATIENCE" for some more time & certainly you shall reap rich rewards. Do not, Do not, Do not sell in panic or in loss nowadays & Wait, Wait, Wait little more.

Vikas WSP Board declares interim dividend & informs BSE

Today Vikas WSP informed BSE vide below notice Published at BSE site about the interim dividend.

"Vikas WSP Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 09, 2007, inter alia, has considered & approved the payment of Interim Dividend @ 25% (i.e. Rs 0.25/- per Equity Shares of Re 1/- face value) for financial year ended on March 31, 2008."

The above notice can be accessed at this Link of BSE here

Vikas WSP net up 51% in Sep`07 qtr

Vikas WSP announced its last quarter results today which can be seen at BSE site here........Vikas Wsp Sep`07 qtr results

As per myIRIS results analysis today,

"Vikas Wsp has announced a phenomenal increase in net profits for the quarter ended September 2007. During the quarter, the company witnessed a 50.74% rise in profits to Rs 172.61 million from Rs 114.51 million in the same quarter, last year.

Sales for the quarter rose 42.51% to Rs 820.92 million, compared with the corresponding quarter, a year ago.

Operating margins increased to 25.89% during the quarter, a rise of 140.47 basis points, compared with the corresponding quarter, a year ago.

Net Margins, on the other hand, rose to 20.08%, during the quarter from 19.13%.

The company`s earnings per share on a trailing 12 month basis is Rs 4.36.

At the closing price of Rs 49.90 on Oct. 08, 2007 at the BSE, the company`s shares were valued at 11.43 times earnings, on a trailing 12 month basis."

Vikas WSP Board to consider Interim Dividend

Vikas WSP Ltd. today(1/10/2007) has informed Bombay Stock Exchange(BSE) that the Vikas WSP Board is considering Interim Dividend:

Vikas WSP Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 09, 2007, inter alia, to consider the following:

1. To consider and approve the Un-Audited Second Quarter Financial Results for the Quarter ended September 30, 2007.

2. To consider and approve payment of Interim Dividend @ 25% (i.e. Rs 0.25/- per Equity Share of Rs 1/- face value) for Financial Year ended on March 31, 2008.3. To fix the Record date for payment of interim dividend.

The above notice can be accessed at this Link of BSE here

Vikas WSP - Outcome of AGM

Vikas WSP Ltd. today(1/10/2007) has informed Bombay Stock Exchange(BSE) about the Outcome of AGM vide below notice Published at BSE site.

Vikas WSP Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 26, 2007, inter alia, have passed all the resolutions with requisite majority.

The above notice can be accessed at this Link of BSE here

Buy, Buy, Buy Vikas WSP

Pl. note that today it has opened on reverse freeze of 5% & has closed at upward freeze of 5% level. Now in the range of Rs. 52 - 74.95 around 85 lakh shares were bought by new investors / traders, since it got in profit booking mode at Rs.74.95.

So all new investors / traders, take your postions & go into buy mode as this stock is going to reach new heights. So advice to all having this stock is Hold, Hold, Hold & new investors should go into Buy, Buy, Buy mode.........as 2nd phase of upward trend has started today.

Disclaimer: Pl. note that these are just my views. You can take views of other people / experts also in this matter & take your decision accordingly.

Hold on to your Vikas WSP stock

Today after 2 days on lower circuits, its reverse freeze opened & a massive 19.27 Lakh shares were traded / bought. So after 15 consecutive Upper freezes, if it came down for 3-4 days, it is only profit booking by those who bought it at lower prices. Now in last 4-5 days, new investors have entered in this stock & they have bought around 68 Lakh shares since Monday (17/09/07) at a price band of Rs. 57.70 - 74.95, out of which 40. 28 Lakh shares were traded in the range of Rs. 67.85 - 74.95 on 17/09/07.

So now all these new investors/traders are going to take this stock to new heights. Those having this stock, hold on to it for 3-4 weeks & you shall see it touching new heights. Hold, Hold, Hold.........to reap rich dividends.

Disclaimer: Pl. note that these are just my views. You can take views of other people / experts also in this matter & take your decision accordingly.

Vikas WSP informs Expansion Plans to BSE

Vikas WSP Ltd. today(21/09/2007) has informed Bombay Stock Exchange(BSE) about its Expansion Plans vide below notice Published at BSE site.

"Vikas WSP Ltd has informed BSE that the Company has planned to establish following plants:

1. Plant at Bikaner - Exclusively for organic products:

Company has planned to establish a plant at Khara, RIICO, Bikaner to produce certified ORGANIC PRODUCTS viz.. Guar Gum Polymers, Psyllium Husk / Powder and other organic products. The plant is expected to put on stream in FY 2009-10 and would entail a capital investment as under:-

- Land, Building & plant & machinery : Rs 200 Cr

- Financing the farmers to grow organic : Rs 160 Cr
crops like Guar, Psyllium and other
organic crops on 6.20 Lakh hectares.

2. Guar derivative plant at GIDC Savli, Baroda:

Company has planned to establish guar derivative plant to produce Hydroxypropylguar, Carboxymethylhydroxypropylguar and cationic guar to be used for fracturing of oil and gas wells and also for personnel care market. The plant is expected to put on stream in 2010-11 and would entail a capital investment as under:-

- Land 7.5 Acres (already purchased) : Nil

- Building & Plant & Machinery : Rs 375 Cr

Total of 1 + 2 = Rs 735 Cr

Planned funding arrangement -

The funding of these plants will be discussed in ensuing Board of Directors meeting.

3. Projected turnover of the Company is mentioned below:

On the basis of implementation of above plants, Company has made its discreet projections as under:-

a. During the FY 2007-08 (Current Year) : Rs 325 Cr

b. During the FY 2008-09 : Rs 435 Cr

c. During the FY 2009-10 : Rs 850 Cr

d. During the FY 2010-11 : Rs 1225 Cr."

The above notice can be accessed at this Link of BSE here

Vikas WSP stands Firm & Second Rally to start soon

At last Vikas WSP breaks its freeze level resistance today & normal trading started today on this counter & a huge 4,028,397( 40. 28 Lakh) shares were traded in the range of lower freeze & upper freeze level of Rs. 67.85 - 74.95.

It was expected that at this level trade volume shall increase as the investors who have entered at Rs.40-50 levels were waiting to book their profit & today it was the day when they have exited this stock. Today many old investors who were holding this stock for 6 years have also exited in Panic.

Interestingly, today it remained on lower circuit of 5 % for only 15-20 minutes & again bounced back as still lot of buying is happening in this stock at this level. This only shows the inherent strength in Vikas WSP at this level as normally in such cases stocks go down on reverse circuit breakers for quite some days, which has not at all happened on this counter.

Pl. note that today 40 Lakh shares have also been bought around Rs. 70 & these are those investors who are going to hold it for some time & shall sell it at a premium as lot of steam is left in this stock. Many old investors are still holding their stocks patiently & they know that it shall cross Rs. 100.

So once again, at present seeing the stock movement of Vikas WSP, some more selling/ profit booking can come in this stock in next few days & then again consolidation shall happen & second rally - northward shall start on this counter. So those who have bought it today & those who are holding this stock earlier can wait ( if they have the patience) for some more time & this stock shall give them certainly a chance to sell their holdings at above Rs. 100 levels.

Happy Trading.


Graph Credit : Myiris.com dated 17.09.2007

Party is on for Vikas WSP Shareholders

On 14th September (Friday) it was 15th consecutive trading day session, when Vikas WSP share opened on freeze on Upper Circuit limit of 5% & closed also on freeze on Upper Circuit limit of 5%. Trading volume was only 265,306 shares & sellers were not still ready to sell their holdings.

During the whole of the day, it was on Upper Circuit limit of 5% freeze & there was great demand for this share & at the end of the trading there were around 10 lakh shares lined up for buying at Rs. 71.40 which was 5% Upper Circuit limit for 14th September,2007.

On 17th September (Monday), seeing the quest of buyers for this stock, it shall again open on Upper Circuit limit of 5% freeze level of Rs. 74.95 & trading volumes can increase on this counter, though it's price shall be maintained, as still buyers are more than sellers & this trend can continue for some more trading sessions.

Vikas WSP - again on 5% Freeze Today

Today, it was 14th consecutive trading day session, when Vikas WSP share opened on freeze on Upper Circuit limit of 5% & closed also on freeze on Upper Circuit limit of 5%. Trading volume today was only 184,467 shares which is quite low as considered for any such stock & it shows that sellers are shying away from selling their holdings.

During the whole of the day, it was on Upper Circuit limit of 5% freeze & there was great demand for this share & at the end of the trading there were around 11.6 lakh shares lined up for buying at Rs. 68.00 which was 5% Upper Circuit limit for today. Seeing the demand for this stock it is amply clear that tomorrow stock shall open at again on Upper Circuit limit of 5% & shall close at Rs. 71.40. Those who are having this stock already, rejoice & those not having it , regret why they don't have it!!!!!!!!!

Buyers lined up for buying

Already 13 consecutive trading day sessions have passed, when Vikas WSP share opened on freeze on Upper Circuit limit of 5% & closed also on freeze on Upper Circuit limit of 5%. There is great demand for the share as in last two trading sessions, only around 2 Lakh shares were traded on each day while at the end of trading session 8 Lakh & 10 Lakh shares were lined up for buying. Let us see for how many days such appetite for Vikas WSP share shall remain. From here it seems that it shall touch Rs. 100 in the short run.

Great appetite for Vikas WSP shares

Today, it was 11th consecutive trading day session, when Vikas WSP share opened on freeze on Upper Circuit limit of 5% & closed also on freeze on Upper Circuit limit of 5%. Trading volume today was 444,832 shares which was in line with last trading session but interesting thing was that during whole of the day it was on Upper Circuit limit of 5% freeze & there was great demand for this share. It's demand can be seen with the fact that at the end of the trading there were around 5.6 lakh shares lined up for buying at Rs. 58.85 which was 5% Upper Circuit limit for today.

This clearly shows that people are dying to get this share at prevailing price. This also shows that Vikas WSP share shall again open at 5% freeze level tomorrow also. Seeing this demand, this share is showing great inherent strength & shall easily cross Rs. 80 in the short run. So Dear investors, those already having this stock, don't sell in panic in the short term & wait for some more days as daily 5% increase in wealth, nobody would dislike.