Vakrangee trades higher on the bourses

20 Jan 2016 Evaluate

Vakrangee is currently trading at Rs. 171.10, up by 0.05 points or 0.03% from its previous closing of Rs. 171.05 on the BSE.

The scrip opened at Rs. 171.00 and has touched a high and low of Rs. 172.50 and Rs. 170.15 respectively. So far 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. 191.60 on 18-Dec-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. 179.70 and Rs. 160.00 respectively. The current market cap of the company is Rs. 9,064.00 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 strategic partnership with Mahindra eMarket, a subsidiary of Mahindra and Mahindra (M&M), for promoting and booking automobile products through Vakrangee Kendras. Citizens, especially in un-served and underserved areas shall now be able to visit nearest Vakrangee Kendra and book automobile products available on Mahindra eMarket Place by paying the booking amount at Vakrangee Kendra.

This tie-up shall expand bouquet of consumer product offerings available to customers through Vakrangee Kendras. Vakrangee customers are already benefitting with easier access to millions of consumer products available at affordable prices through Vakrangee’s partnership with Amazon India.

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

26.75 0.20 (0.75%)
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