Vikas Lifecare touches roof on getting order worth Rs 20 crore for agro product segment
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Vikas Lifecare is currently trading at its upper circuit limit of Rs. 5.16, up by 0.24 points or 4.88% from its previous closing of Rs. 4.92 on the BSE.
The scrip opened at Rs. 5.16 and has touched a high and low of Rs. 5.16 and Rs. 5.05 respectively. So far 10384868 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 5.22 on 11-Jan-2021 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. 5.16 and Rs. 4.21 respectively. The current market cap of the company is Rs. 570.61 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 received the largest single order for its recently started Agro Product segment valued Rs 20 crore from one of the country’s Top Premium Rice Brand.
Vikas Lifecare has been working on expanding the Agro Products business operations in multiple directions and achieved many milestones this year including establishing a fully operational Cashew Nuts Processing facility in record time. The company has been continuously acquiring land chunks to compliment and strengthen the foundation for the Agro products business segment. The Agro Products division aims to create a synergetic and integrated framework for a self-sufficient and most profitable investment for the company.
Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.
