Vakrangee trades higher on the BSE

04 Sep 2015

Vakrangee is currently trading at Rs. 106.60, up by 0.40 points or 0.38% from its previous closing of Rs. 106.20 on the BSE.

The scrip opened at Rs. 106.00 and has touched a high and low of Rs. 110.70 and Rs. 98.25 respectively. So far 350162 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 172.40 on 10-Aug-2015 and a 52 week low of Rs. 86.55 on 03-Jun-2015.

Last one week high and low of the scrip stood at Rs. 120.00 and Rs. 103.15 respectively. The current market cap of the company is Rs. 5714.90 crore.

The promoters holding in the company stood at 38.71%, while Institutions and Non-Institutions held 13.27% and 48.02% respectively.

Vakrangee has entered into a partnership with MYPACCO, an online logistic solutions provider. This partnership with MYPACCO will allow the company to offer convenient access to domestic as well as international courier services at competitive prices to citizens in their neighborhood.

Vakrangee Kendra customers will now be able to send parcels to more than 14,000 pin codes in India and to 200 countries. With this partnership, the company has added another essential and widely used service to the basket of services that are being offered through its last-mile retail outlets called ‘Vakrangee Kendra’.

As per the arrangement with MYPACCO, Vakrangee Kendras will collect the courier parcels from customers and will provide payment collections facility for the services rendered to them. The customers will also be able to make payments using their Jan Dhan Yojana accounts opened at these Kendras. Further, the internet connectivity available at these Kendras would allow real-time tracking of the parcels for customers.

Vakrangee is one of the few leading E-Governance service provider in India equipped with cutting edge infrastructure, highly experienced professionals, investment and technological breakthrough on a continual basis in order to maintain time bound completion of critical projects.

Related Vakrangee Ltd. Links:

Vakrangee Share Price

53.35 0.45 (0.85%) Apr 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323