Foreign institutional investors (FIIs) have hiked their stake in Vakrangee by two percentage points in April-June 2015 quarter. The total FIIs holding in the company increased to 5.32% in the June quarter against 3.33% at the end of March 2015 quarter.
FIIs bought an additional 10.08 million equity shares during the recently concluded quarter. Janus Overseas Fund had bought 1.52% stake in Vakrangee during April-June quarter. The fund by Janus Capital Group had nil holding at the end of March quarter.
Vakrangee is one of the few leading E-Governance service provider in India equipped with cutting edge infrastructure, highly experienced professionals, investment and technological breakthrough on a continual basis in order to maintain time bound completion of critical projects.