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Vedavaag Systems jumps on getting additional 420 CSP outlets by State Bank of India

11 Aug 2021 Evaluate

Vedavaag Systems is currently trading at Rs. 52.50, up by 1.35 points or 2.64% from its previous closing of Rs. 51.15 on the BSE.

The scrip opened at Rs. 50.65 and has touched a high and low of Rs. 54.70 and Rs. 45.00 respectively. So far 281476 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 57.90 on 09-Aug-2021 and a 52 week low of Rs. 18.00 on 12-Aug-2020.

Last one week high and low of the scrip stood at Rs. 57.90 and Rs. 41.10 respectively. The current market cap of the company is Rs. 121.04 crore.

The promoters holding in the company stood at 35.98% and Non-Institutions held 64.02%.

Vedavaag Systems is allotted additional 420 Customer Service Point (CSP) outlets by State Bank of India as their National Business Correspondent. With the allotted additional 420 CSP codes, the company’s CSP network exclusively for State Bank of India would reach to total of 2755 CSP codes.

Vedavaag Systems is a niche player of e-governance solutions and citizen services infrastructure management. The company offers E-Governance Solutions, Knowledge Center Solutions, Citizen Service Delivery, New Services e-Integration.

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