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Vakrangee Softwares trades jubilantly as its arm bags financial inclusion project from BOB

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

21 Sep 2012 Evaluate

Vakrangee Softwares is currently trading at Rs. 50.20, up by 4.10 points or 8.89% from its previous closing of Rs. 46.10 on the BSE.

The scrip opened at Rs. 47.50 and has touched a high and low of Rs. 54.80 and Rs. 46.70 respectively. So far 491777 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 54.80 on 21-Sep-2012 and a 52 week low of Rs. 15.75 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 54.80 and Rs. 45.75 respectively. The current market cap of the company is Rs. 2510.98 crore.

The promoters holding in the company stood at 29.84% while Institutions and Non-Institutions held 0.59% and 69.57% respectively.

Vakrangee Finserve (VFL), a wholly owned subsidiary of Vakrangee Softwares has bagged financial inclusion project from the Bank of Baroda (BOB). The company, from the project, targets to achieve about Rs 1258 crore during the tenure of five years.

Vakrangee Finserve has been selected as the Common Banking Correspondent (CBC) for 30 banks operating in the States of Rajasthan and Delhi. Bank of Baroda as the ‘Leader Bank’, on behalf of all these banks has floated the tender. The company has been selected for a period of 5 years and can be extended by another 2 years with mutual consent.

The company 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.

Vakrangee Share Price

7.05 -0.02 (-0.28%)

21-Apr-2026 16:59 View Price Chart

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Vakrangee Softwares trades jubilantly as its arm bags financial inclusion project from BOB

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