Vikas Lifecare Limited Agro Products Division Bags New Orders for INR 155 Million

Vikas Lifecare Limited has shared updates from the Agro Products Division. The Agro Products Division has bagged fresh orders worth INR 155 Million to be executed within the Q2 2023-24. Vikas Lifecare Limited Agro Products Division has achieved INR 480 Million Sales before bagging this fresh order and the company targeting a goal of INR 3600 Million for the Agro Products Division for the current fiscal year, as compared to the INR 2000 Million accomplished during the last Fiscal.

Vikas Lifecare Limited is poised to scale up the Agro Products business and is eyeing Export Orders too. The company is also looking out for appropriate opportunities for Backward Integration for the Agro Products considering and evaluating proposals for establishing or acquiring Rice processing facility by 2024-25. These facilities will help elevate the scope of business and will add to the company's performance in the National as well as International markets with better sales volumes backed by better profit margins for Vikas Lifecare Limited.

Shares of Vikas Lifecare Limited was last trading in BSE at Rs. 2.75 as compared to the previous close of Rs. 2.88. The total number of shares traded during the day was 9837181 in over 4702 trades.

The stock hit an intraday high of Rs. 2.85 and intraday low of 2.66. The net turnover during the day was Rs. 27015734.00.

Source : Equity Bulls

Keywords

VikasLifecare INE161L01027 OrderWin AgroProductsDivision