Vikas Lifecare is currently trading at Rs. 4.36, up by 0.04 points or 0.93% from its previous closing of Rs. 4.32 on the BSE.
The scrip opened at Rs. 4.30 and has touched a high and low of Rs. 4.40 and Rs. 4.25 respectively. So far 1959572 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. 4.05 on 18-Nov-2024.
Last one week high and low of the scrip stood at Rs. 4.40 and Rs. 4.24 respectively. The current market cap of the company is Rs. 806.79 crore.
The promoters holding in the company stood at 11.39%, while Institutions and Non-Institutions held 0.55% and 88.07% respectively.
Vikas Lifecare has established a new, state-of-the-art manufacturing facility in the Shahjahanpur RIICO Industrial Area, spanning 20,000 square feet, under the Rajasthan Investment Promotion Scheme (RIPS). Scheduled to commence operations in December 2024, this facility will specialize in manufacturing advanced commodity compounds, including EVA, ATH, Thermoplastic Rubber, and Thermoplastic Elastomer. This strategic initiative reaffirms the Company’s commitment to leveraging RIPS incentives for driving profitability and fostering regional development.
Through RIPS, the Government of Rajasthan offers several fiscal benefits, including a 9% SGST refund on products manufactured and sold within the state. Additional advantages include subsidies linked to employment generation, exemptions or deferments on duties such as electricity duty and land tax, and potential capital investment and interest subsidies. With a production capacity of 5,000 MTPA, the facility is expected to generate additional annual revenue of Rs 40-50 crore, significantly contributing to the company’s profitability and growth trajectory while strengthening its competitive position in the market.
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 |
|---|---|
| Rain Industries | 180.90 |
| Agarwal Indl. Corp | 1362.00 |
| TN Petro Products | 81.80 |
| Vikas Lifecare | 4.54 |
| Nexxus Petro Inds | 139.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
