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Vakrangee trades with traction on the bourses

02 Feb 2016

Vakrangee is currently trading at Rs. 197.10, up by 5.60 points or 2.92% from its previous closing of Rs. 191.50 on the BSE.

The scrip opened at Rs. 193.70 and has touched a high and low of Rs. 197.35 and Rs. 192.50 respectively. So far 143088 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 197.35 on 02-Feb-2016 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. 197.35 and Rs. 170.20 respectively. The current market cap of the company is Rs. 10371.48 crore.

The promoters holding in the company stood at 41.61% while Institutions and Non-Institutions held 13.55% and 44.84% respectively.

Vakrangee has entered into a Corporate Agency tie-up with Tata AIG General Insurance Company, a joint venture between TATA Group and American International Group (AIG), to distribute quality general insurance products through Vakrangee distribution network.

By this tie-up, citizens, especially in un-served and underserved areas shall now be able to access quality general insurance products offered by TATA AIG General Insurance Company.

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).


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323