Vikas Ecotech share witnesses a strong rally of 19% after Q1 results

Vikas Ecotech share rose significantly in early morning trading on Thursday. Within minutes of the stock market opening bell, penny stock priced below ₹5 today achieved an intraday high of Rs 4.50 per share, having begun with an upside gap on the NSE at Rs 4.26 apiece. The small-cap stock gained more than 19% against Wednesday’s NSE close price of Rs 3.77 per share as it climbed to this intraday high.

Despite reaching an intraday high of Rs 4.50 per share, the small-cap stock narrowly missed locking in a 20 percent upper circuit. The share, however, was unable to hold an intraday peak and fell following the profit booking trigger. The share price of Vikas Ecotech is now trading at about Rs 4 per share.

As of 2:37 pm, Vikas Ecotech shares were trading 5.04% higher at Rs 3.96.

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