Vakrangee Ltd.

Vakrangee is currently trading at Rs. 180.30, up by 1.15 points or 0.64% from its previous closing of Rs. 179.15 on the BSE.

The scrip opened at Rs. 181.40 and has touched a high and low of Rs. 182.70 and Rs. 180.00 respectively. So far 197152 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 228.90 on 09-Mar-2016 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. 186.00 and Rs. 173.90 respectively. The current market cap of the company is Rs. 9562.57 crore.

The promoters holding in the company stood at 41.61% while Institutions and Non-Institutions held 13.82% and 44.58% respectively.

Vakrangee has entered into partnership with Aramex India, a leading global provider of logistics and transportations solutions. With this partnership, the company has added another essential and widely used service to the basket of services that are being offered through its last-mile retail outlets known as ‘Vakrangee Kendra’. Partnership with Aramex will allow the company to offer convenient access to domestic as well as international courier services at competitive prices to citizens in their neighborhood.

As per the arrangement, Vakrangee Kendras will collect and book the courier parcels from customers and will provide payment collections facility for the services rendered to them. Further, the internet connectivity available at these Kendras would also allow real time tracking of the parcels for customers.

Incorporated in 1990, Vakrangee is the unique technology driven company focused on building India’s largest network of last-mile retail touch points to deliver real-time banking, insurance, e-governance, ecommerce and ATM services to the unserved rural, semi-urban and urban markets.