Multibagger penny stock below Rs 7 in green as the company and its subsidiary, announce special guest appearance of A7S at the SKY2.0 Club, Dubai

The stock gave multibagger returns of 132.7 per cent from its 52-week low of Rs 2.66 per share.

Vikas Lifecare Limited (VLL) and its subsidiary, SKY2.0, announced the special guest appearance of A7S at the SKY2.0 Club, Dubai on coming Saturday, March 02, 2024. A7S, the Swedish mastermind behind the global hit "Breaking Me," is set to electrify the audience with an unforgettable performance.

Music sensation A7S is making waves worldwide with their hit single, "Breaking Me," soaring into the top 10 charts in a staggering 24 countries. This success has opened doors to exciting collaborations with some of the biggest names in the industry.

A7S has given several chart-topping tracks like “Breaking Me,” “Your Love,” “Kernkraft 400,” “Nirvana,” “Why Do You Lie To Me,” and many more. He has been nominated for Brit Awards, 2021 Billboard Music Awards, 4 times for 1 Live Krone Awards and others.

A7S has joined forces with electronic powerhouse Clean Bandit, whose chart-topping hits "Symphony" and "Rockabye" have collectively amassed billions of YouTube views. They've also linked up with Dutch DJ and producer Hardwell, renowned for his electrifying festival sets and status as a former world number-one DJ. The cherry on top is a collaboration with American rap icon Lil Baby, who has consistently dominated the Billboard 200 charts with multiple mega-hits.

SKY 2.0, the largest nightclub in Asia, is a striking open-air venue in Dubai's upscale Design District. This experiential club promises unforgettable evenings under the stars with its world-class entertainment, innovative technology (including bendable screens and a cutting-edge sound system), and exceptional service. Visionary nightlife experts and international architects collaborated to create the sphere-shaped marvel that is SKY 2.0. The venue has hosted countless star-studded events featuring the likes of Shah Rukh Khan, Badshah, Lil Baby, 50 Cent, and French Montana. SKY 2.0's impressive 2023 figures include USD 22.10 million in gross revenue, a 38.80 per cent net profit margin, and a 36 per cent growth compared to the previous year. These numbers highlight the potential of the global nightclub industry (USD 31.46 billion with 8.07% CAGR) and the exciting niche market in India, driven by its young population (25 per cent under 25), rising disposable income (17.4 per cent growth), and evolving cultural landscape.

Vikas Lifecare Limited (VLL) is an ISO 9001:2015 certified company specializing in the manufacture and trade of polymer and rubber compounds, including environmentally-conscious upcycled materials. VLL supports government sustainability initiatives and works as a Del-Credere agent for ONGC Petro Additions Limited. Their subsidiary, Genesis Gas Solutions Pvt. Ltd., is a leading provider of Smart Gas Meters. To accelerate growth, VLL has diversified into B2C products (FMCG, Agro, Infrastructure) and is strategically expanding into the entertainment sector (including nightclubs, music production, and film production) to fuel further business growth within India and internationally.

Today, shares of Vikas Lifecare Ltd surged 3.17 per cent to Rs 6.19 per share from its previous closing of Rs 6 with an intraday high of Rs 6.19 and an intraday low of Rs 6. The stock’s 52-week high is Rs 7.92 while its 52-week low is Rs 2.66. The company has a market cap of Rs 999 crore.

In January 2024, FIIs increased their stake to 6.78 per cent compared to 0.02 per cent in December 2023. The stock gave multibagger returns of 132.7 per cent from its 52-week low of Rs 2.66 per share.

Disclaimer: The article is for informational purposes only and not investment advice.