Vikas Lifecare has acquired a new land piece measuring about 1800 Sq. Mtr. adjoining to the existing factories located at RIICO Industrial Area, Shahjahanpur, Rajasthan, for the purpose of capacity expansion and augmentation of manufacturing operations for company’s conventional business of Polymer & Rubber Compounds.
The total cost of acquisition and development of the land and the building there on will be about Rs 3 crore, whereas the equipment for the expansion of production capacity will cost another Rs 23 crore. The new expansion will be ready to be utilized within the next 3 to 4 Months and is expected to add an additional Rs 60 crore to the gross revenues from the compounding business segment.
Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.
| Company Name | CMP |
|---|---|
| Redington | 220.70 |
| Adani Enterprises | 2300.50 |
| Amrapali Industries | 17.45 |
| Rashi Peripheral | 475.55 |
| PDS | 285.60 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: