Vakrangee surges on partnering with LIC to distribute Micro Insurance products

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

26 May 2020 Evaluate

Vakrangee is currently trading at Rs. 26.90, up by 0.70 points or 2.67% from its previous closing of Rs. 26.20 on the BSE.

The scrip opened at Rs. 26.15 and has touched a high and low of Rs. 27.15 and Rs. 26.15 respectively. So far 23326 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 55.50 on 28-Jan-2020 and a 52 week low of Rs. 17.10 on 07-Apr-2020.

Last one week high and low of the scrip stood at Rs. 27.15 and Rs. 25.25 respectively. The current market cap of the company is Rs. 2833.91 crore.

The promoters holding in the company stood at 42.60%, while Institutions and Non-Institutions held 18.34% and 39.06% respectively.

Vakrangee (VL) has tied-up with Life Insurance Corporation of India (LIC) to distribute Micro Insurance products through Nextgen Vakrangee Kendra network. The company has been focusing to be the India’s largest one-stop solution provider for various products and services for the last mile. The Company is concentrating on bringing new and innovative products for the customers through its Kendras spread across India.

Tie-up with Life Insurance Corporation of India, which has a strong product portfolio with adequate and flexible products to cater to all kinds of customer needs will support especially in unserved and underserved areas. The company shall provide the Solicitation and sale of the LIC’s micro insurance products. Further it also includes, Follow up for Collection and remittance of renewal premium of LIC’s micro insurance policies.

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

Vakrangee Share Price

6.91 0.00 (0.00%)

08-May-2026 16:59 View Price Chart

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