VHCL Industries has secured a fresh export order for Rs 570 million from a new overseas customer from Hong Kong to supply specialty plastic recycled granules. This granules have been developed to enhance product performance while reducing cost.

The company said that, the company was in the process of developing new markets in order to fulfill its growth vision and achieve sales targets to widen its business activities which would be worthwhile to all stakeholders.

The company is the market leader in this field, being the single largest polymer recycling company. The company has its main unit at Union Territory of Dadra and Nagar Haveli.

Shares of the company gained Rs 0.33, or 2.6%, to settle at Rs 13. The total volume of shares traded was 15,848 at the BSE (Thursday).