Vikas Lifecare stock hits 5% upper circuit after receiving largest single order of Rs20cr in Agro product segment

7 Jan 2022 , 03:28 PM

Vikas Lifecare has received the largest single order for its recently started Agro Product segment valued at Rs20cr from one of the country’s Top Premium Rice Brand.

Vijay Kumar Sharma, CEO of the Company commented: “Being able to get the approvals and finally a commercial order from a customer which commands a respect in its own right amongst the branded segment in trade is a matter of pride for the team and also an endorsement of our commitment towards the product quality and also our understanding of the market that we earned in such a short span of time.”

The company has been working on expanding the Agro Products business operations in multiple directions and achieved many milestones this year including establishing a fully operational Cashew Nuts Processing facility in record time.

At around 3.27 pm, Vikas Lifecare was trading at the upper circuit of Rs5.16  per piece up by 4.9% on Sensex.