Support and Resistance Levels
Past performance
About Vikas Lifecare Ltd Vikas Lifecare Limited, originally Vikas Multicorp Limited, was established in 1995 and underwent a name change in 2021. The company specializes in recycling plastic waste and trading and manufacturing polymer compounds. Initially focused on trading polymer compounds like EVA, PVC, and TPR, the company expanded into manufacturing after acquiring Vikas Ecotech Limited's Recycled and Trading Compounds Division in 2019. This strategic move allowed Vikas Lifecare to emphasize recycled material production.
The company has diversified its business into the FMCG and consumer products sectors, with ventures into raw and finished cashew nuts trading and acquiring stakes in FMCG retail chains and other businesses. It further strengthened its portfolio by acquiring Genesis Gas Solutions Private Limited, focusing on smart infrastructure products. Vikas Lifecare operates a single manufacturing plant in Rajasthan and functions as a Del Credere agent for ONGC Petro Additions Limited, with its business split into recycling materials and polymer compound trading.