Vakrangee inches up on tying up with Corival Life Sciences

15 Nov 2021 Evaluate

Vakrangee is currently trading at Rs. 37.40, up by 0.10 points or 0.27% from its previous closing of Rs. 37.30 on the BSE.

The scrip opened at Rs. 37.20 and has touched a high and low of Rs. 37.55 and Rs. 37.20 respectively. So far 59911 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 69.85 on 31-Dec-2020 and a 52 week low of Rs. 26.45 on 18-Nov-2020.

Last one week high and low of the scrip stood at Rs. 38.60 and Rs. 37.15 respectively. The current market cap of the company is Rs. 3951.58 crore.

The promoters holding in the company stood at 42.60%, while Institutions and Non-Institutions held 14.75% and 42.64% respectively.

Vakrangee (VL) has tied up with Corival Life Sciences to provide a complete range of Ayurvedic & Herbal Products as well as get access to a wide range of herbal, nutraceutical healthcare, ayurvedic, dietary supplements, to the customers in the remotest parts of the country. Corival is engaged in the business of, inter alia, developing manufacturing, marketing and selling a variety of herbal, nutraceuticals, medicines, healthcare, ayurvedic, dietary supplements and medicinal preparations that have set precedents in clinical trials globally.(Products).

Corival Life Sciences is a unique partnership between Biogetica USA and Wockhardt Foundation who are global leaders in Natural Medicine and Pharmaceuticals. Under this partnership, Vakrangee through its Nextgen Kendras and BharatEasy Mobile Superaap will now be able to provide wide range of Ayurvedic medicines in remote areas of the country. With 70% of Nextgen Vakrangee Kendra outlets in Tier-5 and 6 towns, Vakrangee will offer Ayurvedic & Herbal products to the communities in the unserved/underserved parts of the country.

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, ecommerce and logistics services to the un-served rural, semi-urban and urban markets.

Vakrangee Share Price

19.85 -0.29 (-1.44%)
28-Mar-2024 16:01 View Price Chart
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