Vakrangee soars on entering into partnership with Muthoot Fincorp
Vakrangee is currently trading at Rs. 8.60, up by 0.20 points or 2.38% from its previous closing of Rs. 8.40 on the BSE.
The scrip opened at Rs. 8.42 and has touched a high and low of Rs. 8.73 and Rs. 8.40 respectively. So far 362157 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 38.17 on 08-Jan-2025 and a 52 week low of Rs. 8.21 on 07-Aug-2025.
Last one week high and low of the scrip stood at Rs. 8.77 and Rs. 8.30 respectively. The current market cap of the company is Rs. 933.71 crore.
The promoters holding in the company stood at 40.05%, while Institutions and Non-Institutions held 7.20% and 52.74% respectively.
Vakrangee has entered into partnership with Muthoot Fincorp, a prominent player in the lending industry, to offer a comprehensive suite of loan products through its extensive network of Vakrangee Kendras across the country.
This collaboration will enable Vakrangee to facilitate access to Loan Against Property, Unsecured Business Loans, and Gold Loans through its vast network of Vakrangee Kendras, primarily located in unserved and underserved rural and semi-urban areas. These loan offerings will cater to Retail, Rural, SME, and Corporate customer segments, supporting financial empowerment and inclusive Growth.
Vakrangee Kendras are exclusive branded format outlets offering a wide range of services, including banking, insurance, ATM, assisted e-commerce, e-governance, and healthcare. With this partnership, Vakrangee continues its journey towards becoming the most trustworthy physical as well as online convenience store across India, advancing its brand philosophy - 'Ab Poori Duniya Pados Mein’.
Vakrangee offers an extensive array of services across various sectors by providing BFSI, ATM, E-Commerce & Logistics Services.
