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Vikas Lifecare touches roof on planning capital expenditure of about Rs 120 crore to expand operations

14 Mar 2022 Evaluate

Vikas Lifecare is currently trading at its upper circuit limit of Rs. 5.92, up by 0.28 points or 4.96% from its previous closing of Rs. 5.64 on the BSE.

The scrip opened at Rs. 5.92 and has touched a high and low of Rs. 5.92 and Rs. 5.80 respectively. So far 1466693 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. 5.92 and Rs. 4.53 respectively. The current market cap of the company is Rs. 654.65 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 is planning a capital expenditure of about Rs 120 crore to expand operations. The company also plans to hire 250-300 people to support its new projects. Under the expansion plans, the company will set up an ethanol project on a 20-acre land parcel and agri projects on 100-120 acres of land. The land parcels are to be bought in Lucknow and Chandigarh.

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


Vikas Lifecare Share Price

1.42 -0.04 (-2.74%)
06-Jul-2026 15:02 View Price Chart
Peers
Company Name CMP
Redington 276.55
Amrapali Industries 29.07
Adani Enterprises 3204.00
Rashi Peripheral 762.55
PDS 366.65
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