Vikas Lifecare is currently trading at Rs. 4.92, up by 0.04 points or 0.82% from its previous closing of Rs. 4.88 on the BSE.
The scrip opened at Rs. 4.83 and has touched a high and low of Rs. 4.98 and Rs. 4.83 respectively. So far 1457198 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.92 on 23-Jan-2024 and a 52 week low of Rs. 3.06 on 07-Aug-2023.
Last one week high and low of the scrip stood at Rs. 5.25 and Rs. 4.82 respectively. The current market cap of the company is Rs. 902.40 crore.
The promoters holding in the company stood at 14.21%, while Institutions and Non-Institutions held 0.28% and 85.50% respectively.
Vikas Lifecare has entered into strategic collaboration with the Defence Electronic Applications Laboratory (DEAL), a premier laboratory under the Defence Research and Development Organisation (DRDO), Dehradun, the Indian Institute of Technology (IIT), New Delhi, and the CSIR-National Physical Laboratory (CSIR-NPL), Delhi. This partnership aims to advance the development of Nano composites for EMI shielding applications, targeting a broad range of commercial, military, scientific electronic devices, and communication instruments. To formalize this collaboration, a Non-Disclosure Agreement (NDA) has been signed between all parties involved.
The primary objective of this NDA is to design and develop advanced carbon fiber and MWCNT/graphene nano ferrites composites specifically for EMI shielding applications. This collaboration represents a significant step forward in the field of EMI shielding, which is critical for the protection of electronic devices from electromagnetic interference. The incorporation of advanced materials such as MWCNT, graphene, and Nano ferrites, along with silver and copper nanoparticles, is expected to result in superior performance characteristics, thereby meeting the stringent requirements of various high-stakes applications.
Vikas Lifecare is an ISO 9001:2015 certified company, conventionally engaged in manufacturing and trading of Polymer and Rubber compounds and Specialty Additives for Plastics, Synthetic & Natural Rubber.
| Company Name | CMP |
|---|---|
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| Adani Enterprises | 2257.00 |
| Amrapali Industries | 17.30 |
| Rashi Peripheral | 476.95 |
| PDS | 290.80 |
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