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Vakrangee hits upper circuit on launching Private Label Apparel products under e-commerce business category

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

08 Oct 2024 Evaluate

Vakrangee is currently trading at upper limit of Rs. 29.09, up by 1.38 points or 4.98% from its previous closing of Rs. 27.71 on the BSE.

The scrip opened at Rs. 27.78 and has touched a high and low of Rs. 29.09 and Rs. 26.84 respectively. So far 2628122 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 37.72 on 01-Oct-2024 and a 52 week low of Rs. 16.15 on 10-Oct-2023.

Last one week high and low of the scrip stood at Rs. 36.40 and Rs. 26.84 respectively. The current market cap of the company is Rs. 3150.99 crore.

The promoters holding in the company stood at 41.92%, while Institutions and Non-Institutions held 9.11% and 48.96% respectively.

Vakrangee has launched its own Private Label Apparel products under the e-commerce business category. The company has successfully launched the pilot phase in the apparel segment and would leverage the extensive network of Vakrangee Kendra outlets, including both Franchisee and Master Franchisee channels.

Upon the successful completion of this pilot, the company will scale the initiative to a pan-India level. Additionally, the company has future plans to diversify into other consumer and retail product categories, thereby expanding its footprint in the broader market.

The newly launched collection encompasses a wide range of apparel designed for men, focusing on trendy, comfortable, and affordable clothing for all occasions. With this launch, the company aims to cater to a diverse audience, offering high-quality fabrics, modern designs, and unmatched value.

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 un-served rural, semi-urban and urban markets.

Vakrangee Share Price

7.37 0.21 (2.93%)

17-Apr-2026 16:59 View Price Chart

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Vakrangee hits upper circuit on launching Private Label Apparel products under e-commerce business category

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