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Vikas Lifecare is currently trading at Rs. 5.02, up by 0.02 points or 0.40% from its previous closing of Rs. 5.00 on the BSE.

The scrip opened at Rs. 5.08 and has touched a high and low of Rs. 5.08 and Rs. 5.01 respectively. So far 665761 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.15 on 21-Jan-2022 and a 52 week low of Rs. 3.11 on 29-Nov-2021.

Last one week high and low of the scrip stood at Rs. 5.24 and Rs. 4.86 respectively. The current market cap of the company is Rs. 676.84 crore.

The promoters holding in the company stood at 13.31%, while Institutions and Non-Institutions held 12.21% and 74.47% respectively.

Vikas Lifecare has entered into collaboration with the ‘Stockholm University’, Swedish Companies - ‘Lignflow Technologies A.B.’ and ‘Lixea Compular’, and ‘Indian Institute of Technology (BHU)-Varanasi’. The collaboration will share the research inputs and work on developing various viable materials like Cellulose, Lignin & Silica from Rice Husk (Agro-Circle Project).

The main aim of the Agro-Circle Project is to establish innovative value chain concepts for production of circular materials from agro-industrial side-streams. In addition to avoiding pollution arising from burning of crop residues directly on the fields, which is the biggest cause of poor air quality in northern part of India in winter season, this project will aim developing techniques to produce new bio-based materials from the natural polymers extracted from these farm waste materials.

Lixea Compular, Sweden aims at establishing the production process for cellulose from agricultural rice residue using Lixea's Dendronic Process. Lignflow Technologies, A.B. Sweden along with IIT (BHU)-Varanasi aims to patronize the production of lignin. Vikas Lifecare shall act as instrumental in developing a technology to produce Nano silica from rice husk. Stockholm University & Indian Institute of Technology (BHU)-Varanasi will contribute via chacterization of lignocellulose fractions. In addition, IIT (BHU)-Varanasi, Stockholm University & Bio-Nano will design new bio-based functionalized cellulosic fibres.

Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber