Vikas Lifecare Share Price | Rs 4 share in focus, beneficial updates on the company, bullish signs – NSE: VIKASLIFE
Vikas Lifecare Share Price | There was a decline in the stock market on Friday. Although some penny stocks are likely to see positive movements (NSE: VIKASLIFE)While penny stocks carry more risk, they deliver larger returns in the short term. (Vikas Lifecare Limited Company Excerpt)
Stock back in focus
Vikas Lifecare Limited Company stock is back in focus. On Friday, October 25, shares of Vikas Lifecare were trading at Rs 4.54, down 0.22 per cent. The total market cap of the company is Rs 819 crore. On Monday (28 October 2024), the stock was trading at Rs 4.59, down 1.92%. The company reported profitability in its recently released quarterly results. Vikas Lifecare Limited share price is Rs 4.54. Now investors hope that the stock will start giving growth.
second quarter results
As of Q2FY25, net sales of Vikas Lifecare Limited Company increased by 46.5 per cent to Rs 134.88 crore as against Rs 92.09 crore in Q2FY24.
Second quarter – net profit
Vikas Lifecare Limited Company reported a net profit of Rs 2.15 crore in Q2FY25, compared to a net loss of Rs 2.91 crore in Q2FY24, which was 174 per cent higher.
The company expanded its portfolio
Vikas Lifecare Limited The company has recently added agricultural products, FMCG and infrastructure to its portfolio. Vikas Lifecare Limited Company has also diversified into entertainment with a focus on film production. In September 2024, FII has purchased 41,25,030 shares of Vikas Lifecare Limited Company.
How much return did the stock give?
The stock has declined 15.14% in the last six months. The stock has given 3.18% returns in the last one year. The stock has given 70.68% returns in the last 5 years.
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