Which Stock, Vikas Ecotech or Vikas Life, has better fundamentals?
VS
Vikas Life:
• FII increased 12.21% of the total share as of the June 2022 quarter.
• DII increased by 0.02% on Jun quarter
• Promoter decreased 1.1% only
• Overall Debt 36 crore
• Market capitalization 685 Crore
• Total sales 92 Crore on June
• Profit 2 Crore on june
• Bulk deal 4+ laksh share bought at August 2022
• Vikas Lifecare in an attempt to extend its retail footprint at a pan-India level has acquired a 30% stake in ‘Ardh Sainik Canteens’ from its existing shareholders in an all cash deal. According to a company statement, the deal is valued at Rs 150 million (Rs 15 crore) and Vikas Lifecare will own 30 percent stake in form 30,000 equity shares of the company. The deal is likely to be executed completely by March 28, 2023.
• Vikas Lifecare Limited has acquired a 51% stake in M/s Shashi Beriwal & Company Pvt Ltd for Rs11 crore in cash. Vikas Lifecare has been working hard to establish a strong foothold in the Consumer Products Business Segment, with a particular emphasis on Agro Products and FMCG
• Vikas Lifecare acquired 75% stake in Genesis Gas Solutions Pvt. Ltd, engaged in developing “Smart Products” including Smart Gas Meters & Power Distribution solutions
• Vikas Lifecare raised Rs 50 crore via QIP from Forbes EMF, Nomura and AG Dynamic – Source Business standard
Vikas ecotech:
• FII decreased 2% of total share on Sept onwards
• DII increased by 0.02% on Jun quarter
• Promoter decreased 6.2% on December onwards
• Overall Debt 151 crore
• Market capitalization 338 Crore
*Total sales 88 Crore on June
• Profit 1 Crore on june
• Bulk deal 80 laksh crore share bought at August
• there is no no company acquisition for future business only they are trying to reduce debt only as debt value is so huge
As per my objervation Vikas life has good fundamental value than vikash ecotech.
Tag:#better, #fundamental, #stock, #vikaslife, vikasecotech