Vakrangee Ltd.

Vakrangee is currently trading at Rs. 273.65, up by 2.40 points or 0.88% from its previous closing of Rs. 271.25 on the BSE.

The scrip opened at Rs. 270.00 and has touched a high and low of Rs. 274.40 and Rs. 264.10 respectively. So far 586490 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 287.30 on 13-Dec-2016 and a 52 week low of Rs. 155.80 on 21-Jan-2016.

Last one week high and low of the scrip stood at Rs. 287.30 and Rs. 260.00 respectively. The current market cap of the company is Rs. 14463.92 crore.

The promoters holding in the company stood at 41.61%, while institutions and non-institutions held 20.05% and 38.34% respectively.

Vakrangee has entered into a corporate agency agreement with HDFC Ergo General Insurance Company for distribution of General Insurance products. The Vakrangee-HDFC Ergo tie-up is going to be a win-win affair for all stakeholders. While HDFC Ergo will be able to leverage distribution network of more than 26000 outlets of

Vakrangee including areas currently not served or underserved, Vakrangee will have added range of quality product to offer through its vast distribution network. Following the tie-up, citizens, especially in un-served and underserved areas, shall be able to access quality General Insurance products and services offered/to be offered by HDFC Ergo General Insurance Company.

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, e-commerce and ATM services to the unserved rural, semi-urban and urban markets. These retail touch points are called as ‘Vakrangee Kendra’ which acts as the ‘One-stop shop’ for availing various services and products.