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Vakrangee surges on launching 3,300+ NextGen Vakrangee Kendras across India

15 Jan 2019 Evaluate

Vakrangee is currently trading at Rs. 43.65, up by 1.95 points or 4.68% from its previous closing of Rs. 41.70 on the BSE.

The scrip opened at Rs. 42.55 and has touched a high and low of Rs. 43.75 and Rs. 41.35 respectively. So far 2056692 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 515.40 on 24-Jan-2018 and a 52 week low of Rs. 22.35 on 05-Nov-2018.

Last one week high and low of the scrip stood at Rs. 43.75 and Rs. 36.00 respectively. The current market cap of the company is Rs. 4595.21 crore.

The promoters holding in the company stood at 41.74%, while Institutions and Non-Institutions held 20.09% and 38.17% respectively.

Vakrangee has launched 3,300+ Nextgen Vakrangee Kendras across Pan India on January 14, 2019. After successful launch in the Mumbai Metropolitan Region (MMR) & National Capital Region (NCR), the company has now rolled out these outlets on Pan India basis. These Nextgen Vakrangee Kendras offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, eGovernance, Financial services and Logistics.

These Nextgen outlets are spread across 20 states, 340+ districts and 2,000+ postal codes of the country, out of which more than 70% outlets are from Tier 5 and Tier 6 cities. Overall in the Pilot phase, the company plans to have 4,000+ Nextgen Vakrangee Kendra stores.

Vakrangee is the unique technology driven company focused on building India's largest network of last-mile retail touch points to deliver real-time banking, insurance, e-governance, ecommerce and logistics services to the unserved & underserved rural, semi-urban and urban markets. 

Vakrangee Share Price

7.37 0.21 (2.93%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1631.05
Info Edge 1054.50
Firstsource Solution 239.25
Affle 3i 1468.10
Hinduja Global Soln. 426.90
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