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Vikas Lifecare is currently trading at Rs. 2.93, up by 0.18 points or 6.55% from its previous closing of Rs. 2.75 on the BSE.

The scrip opened at Rs. 2.75 and has touched a high and low of Rs. 3.00 and Rs. 2.75 respectively. So far 3771218 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.84 on 17-Jun-2022 and a 52 week low of Rs. 2.66 on 24-May-2023.

Last one week high and low of the scrip stood at Rs. 3.09 and Rs. 2.66 respectively. The current market cap of the company is Rs. 415.45 crore.

The promoters holding in the company stood at 11.36%, while Institutions and Non-Institutions held 0.33% and 88.31% respectively.

Vikas Lifecare has bagged fresh orders worth Rs 15.50 crore for Agro Products division to be executed within the Q2 2023-24. Vikas Lifecare’s Agro Products division has achieved Rs 48 crore Sales before bagging this fresh order and the company targeting a goal of Rs 360 crore for the Agro Products Division for the current fiscal year, as compared to the Rs 200 crore accomplished during the last Fiscal.

Vikas Lifecare is poised to scale up the Agro Products business and is eyeing Export Orders too. The company is also looking out for appropriate opportunities for Backward Integration for the Agro Products considering and evaluating proposals for establishing or acquiring Rice processing facility by 2024-25. These facilities will help elevate the scope of business and will add to the company’s performance in the National as well as International markets with better sales volumes backed by better profit margins for Vikas Lifecare.

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