Vikas Lifecare is locked its upper circuit limit at Rs. 6.56, up by 0.31 points or 4.96% from its previous closing of Rs. 6.25 on the BSE.
The scrip opened at Rs. 6.56 and has touched a high and low of Rs. 6.56 and Rs. 6.56 respectively. So far 2544152 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.25 on 13-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. 6.25 and Rs. 5.05 respectively. The current market cap of the company is Rs. 725.42 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 acquired 75% stake in Genesis Gas Solutions, a company engaged in the business developing ‘Smart Products’ including Smart Gas Meters & Power Distribution solutions for the ever-expanding infrastructure in India, in a cash deal amounting Rs 25 crore, payable in stages.
The company has acquired stake with the objective of broad-basing the product portfolio, and diversifying into futuristic and unique product lines, new edge businesses, complimenting and supplementing the existing business lines of the Company.
Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.
