Vikas Wsp has received orders for Rs 2.06 billion Thermogel-20 guar gum for health care applications for the production of coconut-milk from its MNC customers to satisfy their overseas and domestic needs. These orders would be executed within January 2019 through March 2019.

The stock had outperformed the market over the past one month till Dec. 12, 2018, rising 4.98% compared with the Sensex's 2.78% rise. It underperformed the market in past one quarter, declining 14.60% as against 5.14% fall in the Sensex.

Shares of the company gained Rs 0.56, or 4.9%, to trade at Rs 12.00. The total volume of shares traded was 409,195 at the BSE (12.08 p.m., Thursday).