Vikas Lifecare is currently trading at its upper circuit limit of Rs. 5.19, up by 0.24 points or 4.85% from its previous closing of Rs. 4.95 on the BSE.
The scrip opened at Rs. 4.95 and has touched a high and low of Rs. 5.19 and Rs. 4.75 respectively. So far 315229 shares were traded on the counter.
The BSE group 'T' 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. 2.25 on 22-Apr-2021.
Last one week high and low of the scrip stood at Rs. 6.00 and Rs. 4.75 respectively. The current market cap of the company is Rs. 573.92 crore.
The promoters holding in the company stood at 14.81%, while Institutions and Non-Institutions held 0.01% and 85.18% respectively.
Vikas Lifecare’s subsidiary -- Genesis Gas Solutions (Genesis) has entered into a Memorandum of Understanding (MoU) with ‘S I C K’ India, a subsidiary company of ‘S I C K’ A.G. headquartered in Germany, for promotion and marketing of a certain type of Ultrasonic Gas Meters in a pre-defined geographical territory including India and certain Asian countries as well, with an initial sales target of Rs 450 million, for the first year.
The company recently announced acquisition of 75% equity of Genesis which is engaged in the business of developing ‘Smart Products’ including Smart Gas Meters & Power Distribution solutions for the infrastructure segment.
Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.
| Company Name | CMP |
|---|---|
| Redington | 217.65 |
| Adani Enterprises | 2259.95 |
| Amrapali Industries | 17.88 |
| Rashi Peripheral | 474.80 |
| PDS | 280.40 |
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