Vakrangee is currently trading at Rs. 44.45, up by 1.00 points or 2.30% from its previous closing of Rs. 43.45 on the BSE.
The scrip opened at Rs. 43.45 and has touched a high and low of Rs. 44.70 and Rs. 43.45 respectively. So far 64334 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 69.85 on 31-Dec-2020 and a 52 week low of Rs. 29.15 on 11-Aug-2021.
Last one week high and low of the scrip stood at Rs. 46.80 and Rs. 35.85 respectively. The current market cap of the company is Rs. 4603.12 crore.
The promoters holding in the company stood at 42.60%, while Institutions and Non-Institutions held 14.75% and 42.64% respectively.
Vakrangee has tied up with Nayara Energy for setting up Vakrangee Kendra outlets at Nayara retail fuel outlets. Nayara Energy is a privately-held downstream oil company based in Mumbai, India, that encompasses refining, marketing, production and a network of over 6,000+ retail fuel outlets in India. It operates India’s second-largest oil refinery in Vadinar, Gujarat.
Vakrangee will be setting up NextGen Vakrangee kendras outlets in Nayara retail fuel outlets located PAN India. Citizens, in these areas shall now be able to visit nearest Vakrangee Kendra and enjoy a comprehensive range of products and services across Banking, ATM, Insurance, Financial Services including Demat & Trading account opening, Assisted e-Commerce, eGovernance, and logistics.
This tie up would significantly increase the customer touch points at the Vakrangee Kendra outlets and ensure a boost in its core objective i.e. Financial Inclusion, providing Digital India services, Social Inclusion, Employment Generation and Skill Development.
Vakrangee is the unique technology driven company focused on building India’s largest network of last mile retail outlets to deliver real time banking & Financial Services, ATM, insurance, e-governance, ecommerce and logistics services to the un-served rural, semi-urban and urban markets.