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Vakrangee surges on entering into strategic alliance with Ricoh India

Vakrangee Ltd. | BPO/ITeS | IT & ITES | BSE: 511431 | NSE: VAKRANGEE

23 Nov 2015 Evaluate

Vakrangee is currently trading at Rs. 170.40, up by 18.65 points or 12.29% from its previous closing of Rs. 151.75 on the BSE.

The scrip opened at Rs. 162.00 and has touched a high and low of Rs. 174.40 and Rs. 162.00 respectively. So far 2,62,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 174.40 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. 174.40 and Rs. 128.00 respectively. The current market cap of the company is Rs. 8,618.00 crore.

The promoters holding in the company stood at 41.61% while Institutions and Non-Institutions held 13.43% and 44.96% respectively.

Vakrangee has entered into an alliance with Ricoh India, to provide Managed Print Services (MPS) on a Pay per Unit (PpP) model to the un-served and under-served geographies in India through various Vakrangee Kendras. Through this alliance, Ricoh India initially proposes to deploy Multi-functional Printers (MFPs) at various Vakrangee Kendras located PAN India.

With the execution of National MPS agreement with Ricoh, Vakrangee intends to utilize the synergy based on strength of high quality product offering of Ricoh with the support of quality services and expertise of Vakrangee to serve the end users. Thereafter, with this alliance, Vakrangee 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.

Vakrangee, incorporated in 1990 is Capability Maturity Model Integration (CMMI) level 3 company. The company is an established player as systems integrator and IT-enabled solutions provider in the Indian e-Governance space with capabilities including Document Management system (DMS) and Printing Management system (PMS).

Vakrangee Share Price

7.08 0.13 (1.87%)

16-Apr-2026 09:15 View Price Chart

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Company Name	CMP
eClerx Services	1535.75
Info Edge	1036.10
Firstsource Solution	225.00
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Hinduja Global Soln.	410.60
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Vakrangee surges on entering into strategic alliance with Ricoh India

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