Introduction: Vikas Lifecare Share Price
Vikas Life Care Limited Company’s share price is witnessing tremendous turnover. The Board of Directors of Vikas Life Care Limited Company has announced various decisions in their recent meeting held on 31st August 2023.
Preference Shares Worth Rs.10 Crore to be Issued
The Board of Directors of Vikas Life Care Limited Company has announced the issuance of preference shares worth Rs.10 crore to its promoter. These preference shares will be allotted at a price of Rs.4 per share. Through this, Vikas Lifecare Company aims to raise capital of Rs.40 crore. As of Friday, September 1, 2023, the shares of Vikas Life Care Limited Company closed at Rs.4.30, experiencing a 2.27% decrease.
Date of 28th Annual General Meeting Announced
The Board of Directors of Vikas Lifecare Limited Company, in their recent meeting, fixed the date of the 28th Annual General Meeting of the Company as September 30, 2023. During the Friday trading session, shares of Vikas Lifecare Limited Company were trading at a price level of Rs.4.35 with slight selling pressure.
Significant Increase in Share Price
In the last 5 days, shares of Vikas Life Care Company have gained 19% from Rs.3.70. Over the past month, the share price of Vikas Life Care Limited Company has increased from Rs.3.05 to Rs.4.40, resulting in a profit of 44.26% for investors. Moreover, in the last 6 months, shares of Vikas Life Care Company have provided a 12% return to its investors.
About Vikas Life Care Limited Company
Vikas Life Care Limited Company has a total market capitalization of Rs.632 Crores. It specializes in manufacturing toxin-free specialty chemicals, which are widely used in food and drinking water applications. The company aims to provide specialty chemical solutions worldwide.
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