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Vikas Lifecare Ltd

Vikas Lifecare Ltd (VIKASLIFE)

₹5.4▲0.92%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Vikas Lifecare Ltd share Performance

₹5.3
₹5.6
₹5.4
1.85%
Low
Day's Volatility:5.56%
High
3.70%
₹2.7
₹8
₹5.4
50.00%
Low
52 Weeks Volatility:98.15%
High
48.15%

Returns %
1 Month Return	2.83 %
3 Month Return	-25.85 %
1 Year Return	75.81 %

Market Stats
Previous Close	₹5.45
Open	₹5.45
Volume	1.79Cr
Upper Circuit	-
Lower Circuit	-
Market Cap	₹927.68Cr

Company Information

Vikas Lifecare Limited, formerly known as Vikas Multicorp Limited, is an Indian company specialising in recycling plastic waste and manufacturing polymer compounds such as Ethylenevinyl acetate EVA Compounds, Polyvinyl chloride resins PVC resins, chlorinated Parrafin, Polyethylene Compound, PE Compounds, and Thermoplastic Rubber Compounds TPR Compounds, since 1995. In 2019, the company acquired the Recycled and Trading Compounds Division of group concern Vikas Ecotech Limited, through a Scheme of Arrangement approved by the National Company Law Tribunal. It also operates as a del credere agent of ONGC Petro Additions Limited (OPAL). In 2020, the company expanded into the FMCG industry, trading in raw and finished cashew nuts. They have also recently signed an MoU with a renowned Producer Responsibility Organization, and are in the process of acquiring a portfolio of national brands for their food protection and personal hygiene products, and exploring partnerships in the market for herbal drugs and other consumer goods. With an investment of approximately Rs.100 crores, Vikas Lifecare Limited is making great strides to broaden their product offerings and contribute towards a cleaner and greener environment.

Share Price: ₹5.40 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹927.68Cr as of today
Revenue: ₹99.28Cr as on December 2023 (Q4 23)
Net Profit: ₹-3.87Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001

Organisation	Vikas Lifecare Ltd
Headquarters	New Delhi
Industry	Trading
E-voting on shares	Click here to vote

Key events for Vikas Lifecare Ltd

Vikas Lifecare Induces Rs 85 Million for Smart Gas Meter Plant - 30 Apr, 2024
Vikas Lifecare is inducing Rs 85 million to its joint venture, IGL Genesis Technologies Ltd., to establish a plant in Noida for manufacturing smart gas meters. The move will contribute to India's efforts towards modernizing its energy infrastructure and advancing the country's capabilities in smart meter manufacturing.
Vikas Lifecare Shares Surge on Fresh Orders - 24 Apr, 2024
Shares of Vikas Lifecare Ltd surged as the company's Agro Business Division received fresh orders for premium nuts valued at about Rs. 110 million, with a target to achieve Rs. 4,500 million during the current fiscal year.
Vikas Lifecare Expands into Entertainment Sector; Wins Order Worth Rs 500 Million - 22 Apr, 2024
Vikas Lifecare is exploring expansion opportunities through acquisitions and processing facilities while also venturing into the entertainment sector with a new film production endeavor. The company's Agro Products Division has won an order worth Rs 500 million for rice, targeting a 20+ per cent growth on YoY basis. FIIs hold a 4.35% stake in the company.
Vikas Lifecare Ltd share price surges 5% on regulatory filing news - 02 Apr, 2024
Vikas Lifecare Ltd's share price surged by 5% to settle at Rs 5.30 a share on the NSE after announcing that an additional district judge in Rajasthan passed an order in favour of the petitioner regarding the sale of shares in Cupid Ltd. The company accused M/s Columbia Petro Chem Private Limited and Mr. Aaditya Kumar Halwasiya of acting in pre-mediated connivance with the sellers to deprive Vikas Lifecare of their lawful rights.

Fundamentals of Vikas Lifecare Ltd

Insights on Vikas Lifecare Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 10.14% to 11.75% in Mar 2024 quarter
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 78.81% to 83.80% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 132.1% return, outperforming this stock by 56.2%
NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 626.0% return, outperforming this stock by 504.5%
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 122.74 Cr → 102.37 Cr (in ₹), with an average decrease of 16.6% per quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 11.05% to 4.35% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 3 months, VIKASLIFE stock has moved down by -25.9%
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 12.05 Cr → -3.51 Cr (in ₹), with an average decrease of 93.6% per quarter