Vakrangee Ltd.

BSE: 511431 | NSE: VAKRANGEE
Small Cap | BPO/ITeS
6.87
-0.12 (-1.72%)
< Home < Back

Vakrangee jumps on entering into alliance with DMI Finance

Date: 18-07-2017

Vakrangee is currently trading at Rs. 446.35, up by 2.40 points or 0.54% from its previous closing of Rs. 443.95 on the BSE.

The scrip opened at Rs. 446.00 and has touched a high and low of Rs. 452.20 and Rs. 443.00 respectively. So far 21107 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 457.60 on 13-Jul-2017 and a 52 week low of Rs. 163.80 on 16-Aug-2016.

Last one week high and low of the scrip stood at Rs. 457.60 and Rs. 441.05 respectively. The current market cap of the company is Rs. 23637.78 crore.

The promoters holding in the company stood at 41.59%, while institutions and non-institutions held 31.59% and 26.82% respectively.

Vakrangee has entered into alliance with DMI Finance to act as a Lead generator for offering its various loan products and collection of EMIs to citizens across Pan India. This tie-up further expands the company’s bouquet of services available to citizens through Vakrangee Kendras. Citizens, especially in un-served and underserved areas shall now be able to visit nearest Vakrangee Kendra and will be able to get loan products such as Housing finance, Personal finance, Consumer finance and asset management.

This tie-up with DMI is another milestone and is a part of the company’s expansion plan. These open-up new services from Vakrangee’s outlets and it will further boost its customer-focused approach.

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 logistics services to the unserved rural, semi-urban and urban markets.