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On September 8, Vakrangee had entered into binding term sheet with private equity investor Aaviskaar Capital to acquire 48.5 percent equity stake in Vortex Engineering for Rs 18.43 crore.

Vakrangee shares gain 2% on stake hike in Vortex Engineering, days after major equity acquisition

The transaction is expected to be completed within 30 days from the term sheet date.

Vakrangee shares climb 4% on acquisition of stake in Vortex Engineering

Vakrangee Consolidated June 2023 Net Sales at Rs 55.59 crore, down 75.4% Y-o-Y

The company said its quarterly Gross Transaction Value (GTV) crossed Rs 14,920.74 crore while quarterly number of transactions crossed 3.32 crore.

Vakrangee Q1 net profit rises eight-fold as operating margin improves

Vakrangee Standalone March 2023 Net Sales at Rs 42.92 crore, down 77.24% Y-o-Y

Vakrangee Consolidated September 2022 Net Sales at Rs 234.07 crore, up 12.98% Y-o-Y

Vakrangee Standalone September 2022 Net Sales at Rs 226.00 crore, up 21.48% Y-o-Y

Ramco System has started to diverge positively from May 2022. It is too early to say, but technically, we think the stock is on the verge of reversing its bearish trend.

Trade Spotlight | What should you do with Vakrangee, Welspun India, Ramco System, Bharat Gears, SIS on Friday?

Vakrangee Ltd. engages in the provision of e-governance related services. Its services include banking, insurance, financial, automated teller machine, and e-commerce & logistics. The company was founded on May 28, 1990 and is headquartered in Mumbai, India.

Watchers	68
52-Wk Low	13.01
52-Wk High	35.51

Market Cap	18.01B
Volume (M)	12.76M
52-Wk High	35.51
52-Wk Low	13.01

VAKRANGEE.NSE Vakrangee Ltd

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