Vikas Lifecare Limited (VIKASLIFE.BO)
Vikas Lifecare Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Delhi, DE, IN. The stock last traded at $1.25, down 0.79% on the session, giving a market capitalisation of $2.32B. Its beta of 0.34 implies it has historically moved less than the broad market.
Established in New Delhi, India, in 1995, Vikas Lifecare Limited is a multifaceted conglomerate, previously known as Vikas Multicorp Limited until its rebranding in April 2021. The company's diverse business operations span across several key segments, including Real Estate; Agro Trading & Manufacturing; Polymers Trading & Manufacturing; Infrastructure Trading; and Gas Meter Trading. A primary focus for Vikas Lifecare is the distribution of polymers, polymer additive chemicals, iron and steel, and plastic products throughout India. Beyond trading, the company is actively involved in the real estate sector and is at the forefront of developing innovative technologies for plastic waste recycling and up-cycling. Its manufacturing capabilities encompass a wide array of polymer compounds, such as PE, PVC, polypropylene, thermo plastic rubber (TPR), EVA, and V blend SOE formulations. Furthermore, Vikas Lifecare contributes to infrastructure development by supplying food-grade piping systems for potable water, alongside other essential infrastructure products like various drinking water pipes, fittings, and bars. The company also develops smart solutions, including smart gas meters and power distribution technologies. In the agricultural domain, it trades commodities like rice and pulses, as well as dry fruits, nuts, and other consumer items. A strategic initiative involves acquiring agricultural land for research and development in horticulture, cultivation, preservation, and storage of agro-products. Its operations also extend to aluminum foils, processed food products, raw and finished cashew nuts, and the management of cashew processing units. The company actively participates in export markets.
Vikas Lifecare Limited is most often compared with the following Basic Materials names: