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Vikas Lifecare is currently trading at Rs. 5.02, up by 0.10 points or 2.03% from its previous closing of Rs. 4.92 on the BSE.

The scrip opened at Rs. 5.05 and has touched a high and low of Rs. 5.10 and Rs. 4.90 respectively. So far 952337 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. 5.40 and Rs. 4.80 respectively. The current market cap of the company is Rs. 670.17 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 acquired 51% stake in Shashi Beriwal & Company against a cash payout of Rs 11 crore. The company has been striving to set a firm foot in the Consumer Products Business Segment with a specific focus on Agro Products and FMCG.

This current acquisition will supplement the company efforts towards the target to launch and consolidate a retail brand of its own. During the recent 18 months, the company started and acquired multiple facilities to process a selected range of Agro Products including Premium Agro Products including Cashew Nuts, Almonds, and Premium Rice, and subsequently moved to start processing selected spices to the offer palette with Cloves & Black Pepper. The company will be looking out for expanding the product range and pacing the process to gain its place in the retail business segment of consumer products via continuous investments and acquisitions.

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