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Vedavaag Systems jumps as its arm inks MoU with Axelia Solutions

17 Feb 2022 Evaluate

Vedavaag Systems is currently trading at Rs. 69.25, up by 1.05 points or 1.54% from its previous closing of Rs. 68.20 on the BSE.

The scrip opened at Rs. 71.40 and has touched a high and low of Rs. 71.40 and Rs. 68.00 respectively. So far 12027 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.45 on 10-Jan-2022 and a 52 week low of Rs. 24.00 on 06-May-2021.

Last one week high and low of the scrip stood at Rs. 71.85 and Rs. 59.30 respectively. The current market cap of the company is Rs. 158.18 crore.

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

Vedavaag Systems’ 100% owned subsidiary-- Vedavag Common Service Centres has entered into Memorandum of Understanding (MoU) with Axelia Solutions, a company operating online market place, mobile application and website called 'PHARMEASY'.

PHARMEASY acts as facilitator for the sale of pharmaceutical, fast moving consumer goods and nutraceutical products, Thyrocare certified diagnostic and health care services. The 100% subsidiary, Vedavag Common Service Centres is facilitating online sale, supply and distribution of pharmaceutical and healthcare products from its platform.

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.

Vedavaag Systems Share Price

21.75 -0.03 (-0.14%)
17-Apr-2026 16:59 View Price Chart
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