SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vikas Lifecare touches roof on acquiring 22.04% stake in Advik Laboratories

15 Jul 2021 Evaluate

Vikas Lifecare is locked its upper circuit limit at Rs. 3.68, up by 0.17 points or 4.84% from its previous closing of Rs. 3.51 on the BSE.

The scrip opened at Rs. 3.59 and has touched a high and low of Rs. 3.68 and Rs. 3.59 respectively. So far 4820653 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 18.65 on 31-Aug-2020 and a 52 week low of Rs. 2.35 on 22-Apr-2021.

Last one week high and low of the scrip stood at Rs. 3.68 and Rs. 2.95 respectively. The current market cap of the company is Rs. 341.83 crore.

The promoters holding in the company stood at 20.07%, while Institutions and Non-Institutions held 0.02% and 79.91% respectively.

Vikas Lifecare has proceeded with acquiring 22.04% of total outstanding shares though open/off-market deal(s) from public shareholders of Advik Laboratories (Advik), a BSE listed pharmaceuticals company having its Registered Office and Manufacturing Unit in Delhi NCR.

It is pertinent to be shared that Advik management achieved an arrangement with its bankers for settlement of bank dues and pursuant to this arrangement Vikas Lifecare has already paid Rs 25 million to the Advik bankers till date and the remaining amount shall also be paid within the current month i.e. July 2021 itself, making Advik a Debt Free business.

Vikas Multicorp (VML) is a Delhi based group, with diversified interests and a rich domain experience and expertise in international and domestic polymer market.

 

Vikas Lifecare Share Price

1.57 -0.03 (-1.88%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 218.75
Adani Enterprises 2500.05
Amrapali Industries 17.50
Rashi Peripheral 544.25
PDS 291.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×