Vikas Lifecare Ltd Infra Materials Division Fetches fresh orders for INR 160 Million

Vikas Lifecare Limited is pleased to share updates from the Infrastructure Products division, The Infra products division has bagged fresh orders worth INR 160 Million for the Q4 2022-23. The Infra Division has achieved INR 630 Million Sales during the current fiscal till 31'December'2023, exceeding the targeted sales volumes by 5% and is heading to exceed the Annual Sales Target of INR 800 Million by at-least 10%.

Vikas Lifecare Limited is poised to expand the Infra products division and is moving forward with plans for creating forward integration for the infrastructure related products and materials. The company has been actively working on various proposals which are at different stages of negotiation and finalization, wherein The Company will actively participate in Infrastructure Development Projects via collaborations and financial investments thus creating a forward integration for the Infra Products Division. These projects will elevate the scope of business and will add to the performance on the Infra Products Division with higher sales volumes and better profit margins for Vikas Lifecare Limited.

Shares of Vikas Multicorp Limited was last trading in BSE at Rs. 4.51 as compared to the previous close of Rs. 4.48. The total number of shares traded during the day was 1758375 in over 987 trades.

The stock hit an intraday high of Rs. 4.65 and intraday low of 4.49. The net turnover during the day was Rs. 7969180.00.

Source : Equity Bulls

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