Vikas Lifecare Limited (VLL), a penny stock that often flies under the radar, is catching some attention with a 6% jump in its share price on December 16. The company has entered into a Technology Transfer Agreement with DRDO’s Advanced Systems Laboratory (ASL), focusing on the production of biodegradable granules that could replace traditional polyethylene bags. Despite a decline in net profit in Q2 FY25 (down 67.35% YoY), Vikas Lifecare saw a solid 16.25% growth in sales, hitting ₹134.88 crore—showing resilience even as profits took a hit. If the biodegradable plastics initiative pays off, it could position Vikas Lifecare as a serious player in the green tech space, a trend that could sustain its stock growth long term.