Financial Weekly
SMART
Investment
28" December 2022 to 31" December 2022 47
VIKAS LIFECARE LTD ON A FAST GROWTH TRACK
BSE: 542655NSE : VIKASLIFE e CMP: Rs. 4.05
Vikas Lifecare's subsidiary Genesis Gas Bags Order from
Dornier Group GmbH, Germany
py *Y Vikas Lifecaré
Vikas Lifecare Ltd acquires 30% stake in
Ardh Sainik Canteen for Rs15 crore
Vikas Liecare Lined, as a measure of forward integration, has ac
qured 207% stakes inthe Arch Saink Canteens in anallcash deal worth
is18cror omits existing stakeholdors in odor te expand its retail eot-
print across India. The wil bo another gat leap forward who moving at
Ightring epsod on tho path of carving 8 streng footholdin the ceneumor
products otilmarket sogmort. The Company has boon targptinganicho
or set i the rtal market sector, including the E-Commerce Market
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Place for Consumer Products, nclutingthe Agro Products business tac.
son, which has been ineroasing dramatcally over tho last 1218 monte.
Vikas Lfecare commits toexpanding ard broadening the commercial a
vibes of Argh Sairk Cartoune asa statogé invesimont
‘Ar Sank Canteen Stores (ASC) isa one-cf-a-kind roti tore con-
copt owned by Abbyam Services Privataimitod n whchCantoon (Reta)
Stores are oparatod/oponed across Inka by ferror paramiltay por2on
novtaly members of curentjawansinthoit hormotowns.
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Vikas Lifecare has acquired M/s Shashi Beriwal &
Company Pvt Ltd for Rs11 crorein cash
‘Vikas Litseare hat been working hard to establich a erong fatholdin
the Consumer Products Business Segment witha partcular emphasis on
Ago Products and GG. Tislatest purchase wil support the compari/'s
attempts to create and consdlicat its own retail brand.
‘During the last 18 months, the compary bogan and acquired miele
facitioeo prococea soloctod rage el Agr Produce, including Promiumn
[Agro Products such as Gastew Nus, Almonds, and Prerrium Fie, and
ben moved on to begin piocessing selected spices to the cer palette,
Including Cloves and Back Peppor.The company is always looking fot
stratogiccolaboratons to add Organic Agro Products tots product ine.
‘Beverages are the mest recort addin to the product linoup. The
[Compary wit seek 0 grow its productline and accelerate the process ot
establishing itso in tho retal business area o! consumer items fhrouah
continual investionts and acquisitions. stted the company inits media
chinks, and has recent forayed into Ina’ rapidly expanding market ot
*Enargy Drink."
ANALYST'S EXPECTATION
SHORT TERM:
{2c swpreatwih abso consume pert le FUCG, Are ad inka:
suche Segretis, paving way bt an ages Dusioss GoW wih
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Jen verures ard traps VL inbndsexabting Jacqar tases
dvese seorents hereby expandng fs bushes sks anda fet
‘ees fe county and beyond.
“Vikas Uecave (a. (VIL} 8 a8 ISO 9001:2015 ceri cargany.