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Trades about 105% below its sector, cheaper than its peers on earnings.
Established in 1995 and headquartered in New Delhi, India, Vikas Lifecare Limited (which operated as Vikas Multicorp Limited until its name change in April 2021) is a multifaceted company with diverse operations. Its business is organized into Real Estate, Trading (Polymers and Cashew Nuts), and Manufacturing divisions. The company primarily focuses on the domestic trading of a wide array of chemical compounds, polymers, PVC resins, plastic granules, and other products integral to the plastic industry. Beyond trading, Vikas Lifecare manufactures recycled materials for applications in the automotive, packaging, sheathing, and textile sectors. It also produces various polymer compounds, including PE, PVC, V blend SOE, polypropylene, and thermoplastic rubber. Additionally, the company engages in real estate development and deals in fast-moving consumer goods (FMCG), cashew nuts, aluminum foils, and processed food products, with an international reach through its export activities.
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