Vikas Lifecare hits new 52-week high on reporting many fold jump in Q3 net profit
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Vikas Lifecare is currently trading at its upper circuit limit of Rs. 5.68, up by 0.27 points or 4.99% from its previous closing of Rs. 5.41 on the BSE.
The scrip opened at Rs. 5.68 and has touched a high and low of Rs. 5.68 and Rs. 5.68 respectively. So far 3306258 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 5.68 on 10-Jan-2022 and a 52 week low of Rs. 2.25 on 22-Apr-2021.
Last one week high and low of the scrip stood at Rs. 5.68 and Rs. 4.42 respectively. The current market cap of the company is Rs. 628.11 crore.
The promoters holding in the company stood at 14.81%, while Institutions and Non-Institutions held 0.02% and 85.17% respectively.
Vikas Lifecare has reported over 41-fold jump in its net profit at Rs 2.88 crore for the quarter ended December 31, 2021 as compared to Rs 0.07 crore for the same quarter in the previous year. Total income of the company increased by around 9-fold at Rs 114.11 crore for Q3FY22 as compared Rs 13.19 crore for the corresponding quarter previous year.
Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.
