Vakrangee Ltd.

BSE: 511431 | NSE: VAKRANGEE
Small Cap | BPO/ITeS
6.72
-0.27 (-3.86%)
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Vakrangee advances on entering into alliance with Netmeds Marketplace

Date: 08-01-2018

Vakrangee is currently trading at Rs. 419.20, up by 12.80 points or 3.15% from its previous closing of Rs. 406.40 on the BSE.

The scrip opened at Rs. 406.40 and has touched a high and low of Rs. 420.60 and Rs. 403.70 respectively. So far 219108 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 440.00 on 27-Dec-2017 and a 52 week low of Rs. 134.75 on 06-Jan-2017.

Last one week high and low of the scrip stood at Rs. 426.95 and Rs. 402.10 respectively. The current market cap of the company is Rs. 44072.68 crore.

The promoters holding in the company stood at 41.74%, while Institutions and Non-Institutions held 36.40% and 21.86% respectively.

Vakrangee (VL) has tied-up with Netmeds Marketplace to offer medicines and other health products from Vakrangee Kendra. Netmeds is an online marketplace for pharmaceutical and similar goods including OTC Products.

Vakrangee would act as the Assisted Digital platform where Citizens will now be able to order, pay and collect a wide range of prescription and OTC medicines and other health products at their nearest Vakrangee Kendra.

The customers will also be able to avail various discount offers and get significant savings on their purchases of medicines and health products. This tie-up further expands the company’s bouquet of services available to citizens through Vakrangee Kendras.

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 & underserved rural, semi-urban and urban markets.