DSIJ Mindshare

Shares of the company have jumped more than 90 per cent in the last 6 months.

Earlier, Genesis Gas Solutions Ltd, a subsidiary of Vikas Lifecare Ltd entered into joint venture agreement with Indraprastha Gas Limited (IGL) to set up an integrated smart meter manufacturing plant with a capital expenditure of Rs 1,100 million (Rs 110 crore).

Shares of the company have gained about 140 per cent in the last six months.

The company has a market cap of Rs 5,000 crore. Furthermore, the company have approved a dividend of 75 per cent or Rs 0.75 per share of a face value of Rs 1 each for the financial year March 31, 2023.

Shares of the company gained more than 120 per cent in the last six months.