Vakrangee Ltd.

BSE: 511431 | NSE: VAKRANGEE
Small Cap | BPO/ITeS
7.82
0.09 (1.16%)
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Vakrangee surges on entering into strategic tie-up with Amazon India

Date: 31-07-2015

Vakrangee is currently trading at Rs. 168.00, up by 9.55 points or 6.03% from its previous closing of Rs. 158.45 on the BSE.

The scrip opened at Rs. 162.00 and has touched a high and low of Rs. 169.00 and Rs. 162.00 respectively. So far 1,12,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 169.95 on 23-Jul-2015 and a 52 week low of Rs. 86.55 on 03-Jun-2015.

Last one week high and low of the scrip stood at Rs. 169.00 and Rs. 158.00 respectively. The current market cap of the company is Rs. 8,452.00 crore.

The promoters holding in the company stood at 38.71% while Institutions and Non-Institutions held 13.27% and 48.02% respectively.

Vakrangee has entered into a strategic tie up with Amazon India in its constant endeavor to connect India’s un-served and underserved citizens to modern ecosystems. The company has joined hands with Amazon India wherein it shall provide marketing, promotional and pick up services to Amazon through the ‘Vakrangee Kendras’.

As part of the agreement, the company through its various Vakrangee Kendras shall perform marketing and promotional activities which shall include not limiting to introducing and informing customers entering Vakrangee Kendras of and about the Amazon India website, informing and promoting the products available, ensuring that the purchase and confirmation message is successfully received by the customer, following up on the order placed by the customer, if necessary, etc. It shall also provide pick up services to Amazon India for the products ordered by the customers across India.

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.