Net profit of Vakrangee rose 64.29% to Rs 0.69 crore in the quarter ended September 2024 as against Rs 0.42 crore during the previous quarter ended September 2023. Sales rose 26.60% to Rs 65.25 crore in the quarter ended September 2024 as against Rs 51.54 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales65.2551.54 27 OPM %8.0311.49 - PBDT5.464.85 13 PBT1.190.88 35 NP0.690.42 64 Powered by Capital Market - Live

Edelweiss Financial Services Ltd, Reliance Infrastructure Ltd, Mahindra & Mahindra Financial Services Ltd and Chambal Fertilisers & Chemicals Ltd are among the other losers in the BSE's 'A' group today, 04 October 2024.Vakrangee Ltd lost 9.98% to Rs 30.76 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 44.86 lakh shares were traded on the counter so far as against the average daily volumes of 71.14 lakh shares in the past one month.Edelweiss Financial Services Ltd crashed 8.20% to Rs 122. The stock was the second biggest loser in 'A' group.On the BSE, 7.38 lakh shares were traded on the counter so far as against the average daily volumes of 8.37 lakh shares in the past one month.Reliance Infrastructure Ltd tumbled 7.14% to Rs 303.6. The stock was the third biggest loser in 'A' group.On the BSE, 11.37 lakh shares were traded on the counter so far as against the average daily volumes of 12.71 lakh shares in the past one month.Mahindra & Mahindra Financial Services Ltd corrected 6.72% to Rs 300.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 3.8 lakh shares were traded on the counter so far as against the average daily volumes of 1.32 lakh shares in the past one month.Chambal Fertilisers & Chemicals Ltd plummeted 6.02% to Rs 499.15. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.61 lakh shares were traded on the counter so far as against the average daily volumes of 1.42 lakh shares in the past one month.Powered by Capital Market - Live

Saregama India Ltd, Bombay Dyeing & Manufacturing Company Ltd, Sequent Scientific Ltd and Astrazeneca Pharma India Ltd are among the other gainers in the BSE's 'A' group today, 30 September 2024.Vakrangee Ltd soared 9.96% to Rs 34.68 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 87.31 lakh shares were traded on the counter so far as against the average daily volumes of 58.86 lakh shares in the past one month. Saregama India Ltd surged 8.52% to Rs 613.85. The stock was the second biggest gainer in 'A' group. On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 45244 shares in the past one month. Bombay Dyeing & Manufacturing Company Ltd spiked 7.30% to Rs 229.35. The stock was the third biggest gainer in 'A' group. On the BSE, 3.6 lakh shares were traded on the counter so far as against the average daily volumes of 83905 shares in the past one month. Sequent Scientific Ltd spurt 7.18% to Rs 232.95. The stock was the fourth biggest gainer in 'A' group. On the BSE, 12.57 lakh shares were traded on the counter so far as against the average daily volumes of 3.77 lakh shares in the past one month. Astrazeneca Pharma India Ltd jumped 6.18% to Rs 7629.55. The stock was the fifth biggest gainer in 'A' group. On the BSE, 17445 shares were traded on the counter so far as against the average daily volumes of 4037 shares in the past one month. Powered by Capital Market - Live

Vakrangee Ltd fell 1.36% today to trade at Rs 24.65. The BSE Information Technology index is down 0.44% to quote at 42380.28. The index is up 1.22 % over last one month. Among the other constituents of the index, Netweb Technologies India Ltd decreased 1.21% and Rategain Travel Technologies Ltd lost 1.21% on the day. The BSE Information Technology index went up 29.44 % over last one year compared to the 28.48% surge in benchmark SENSEX. Vakrangee Ltd has added 15.13% over last one month compared to 1.22% gain in BSE Information Technology index and 4.62% rise in the SENSEX. On the BSE, 2.08 lakh shares were traded in the counter so far compared with average daily volumes of 31.17 lakh shares in the past one month. The stock hit a record high of Rs 32.19 on 01 Feb 2024. The stock hit a 52-week low of Rs 16.15 on 10 Oct 2023.Powered by Capital Market - Live

Vakrangee announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

Vakrangee will hold a meeting of the Board of Directors of the Company on 24 September 2024.Powered by Capital Market - Live

The key equity indices reversed all losses and traded with small gains in mid-morning trade. The Nifty traded above the 24,400 level. Financial services shares advanced after the declining for the past consecutive trading sessions. At 10:30 ST, the barometer index, the S&P BSE Sensex was up 55.69 points or 0.06% to 83,133.74. The Nifty 50 index rose 3.70 points or 0.01% to 25,422.25. In the broader market, the S&P BSE Mid-Cap index fell 0.32% and the S&P BSE Small-Cap index shed 0.02%. The market breadth was negative. On the BSE, 1,790 shares rose and 1,836 shares fell. A total of 165 shares were unchanged. Buzzing Index: The Nifty Financial Services index rose 0.81% to 24,185.20. The index tumbled 33.95% in the past consecutive trading sessions. Power Finance Corporation (up 2.75%), Bajaj Finance (up 1.82%), REC (up 1.77%), Shriram Finance (up 1.55%) and ICICI Prudential Life Insurance Company (up 1.2%), HDFC Bank (up 1.06%), SBI Life Insurance Company (up 1.02%), Cholamandalam Investment & Finance Company (up 0.91%), Bajaj Finserv (up 0.69%) and Muthoot Finance (up 0.54%) edged higher. On the other hand, IDFC (down 0.59%), ICICI Lombard General Insurance Company (down 0.34%) and SBI Cards & Payment Services (down 0.2%) edged lower. Stocks in Spotlight: Vakrangee zoomed 10.46% after the company informed strategic corporate agency tie-up with Star Health & Allied Insurance Co. (Star Health Insurance), to offer health insurance products across its network. Through this collaboration, Vakrangee will offer a wide range of health insurance products from Star Health to its customers, ensuring enhanced penetration of health insurance services in remote and underserved regions of the country. Inox Wind (IWL) added 1.72% after the company said that it has received a letter of intent (LoI) from IGREL Renewables (IGREL) for execution of 550 MW wind capacity on turnkey basis. As part of the project, Inox Wind will supply, install and commission the wind turbine generators (WTGs), and provide multi-year comprehensive operations & maintenance (O&M) services post commissioning. Powered by Capital Market - Live

Star Health and Allied Insurance Company shed 0.47% to Rs 605.65 on the BSE. Through this collaboration, Vakrangee will offer a wide range of health insurance products from Star Health to its customers, ensuring enhanced penetration of health insurance services in remote and underserved regions of the country. Star Health's insurance products will now be available across Vakrangee's more than 21,900 Kendras, covering urban, semi-urban, and rural areas. By leveraging Vakrangee's strong presence in remote and rural areas, this partnership will significantly drive health insurance adoption, providing financial protection and healthcare access to the underserved sections of society. Customers will be able to choose from a broad range of health insurance policies, including family floater plans, individual health policies, and critical illness coverage. Vedant Nandwana, managing director of Vakrangee, said, 'We are delighted to partner with Star Health & Allied Insurance to offer their comprehensive health insurance products. This alliance further solidifies our commitment to providing healthcare services to all citizens, especially those in unserved and underserved markets. The partnership aligns with our vision of bridging the urban-rural divide and contributing to financial and social inclusion across India. Through this collaboration, both companies aim to address the healthcare needs of millions of Indians while contributing to the country's insurance penetration and providing financial security against medical uncertainties.' Vakrangee has become India's leading last mile distribution platform, offering a comprehensive physical and digital ecosystem across the country. Their services include real-time banking, financial services, ATM facilities, insurance, e-governance, e-commerce (including healthcare services), and logistics. With a focus on rural, semi-urban, and urban markets, Vakrangee is driving financial, social, and digital inclusion for the Indian population. Star Health and Allied Insurance Company has business interests in health, personal accident and overseas travel insurance and provides health insurance products to individuals, families and corporates, directly and through various channels ' agents, brokers, online and digital channels. It is also a prominent bancassurance player with long standing relationship with various banks.Powered by Capital Market - Live

The Board of Vakrangee will meet on 24 September 2024 to consider fund raising by way of rights issue, warrants, preferential issue including a qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate, by way of issue of equity shares or any other eligible securities, subject to all such regulatory/ statutory approvals as may be required including the approval of shareholders of the Company. Powered by Capital Market - Live

Prism Johnson Ltd, Globus Spirits Ltd, Jubilant Ingrevia Ltd and Suprajit Engineering Ltd are among the other gainers in the BSE's 'A' group today, 10 September 2024.Vakrangee Ltd surged 9.34% to Rs 21.77 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 23.72 lakh shares were traded on the counter so far as against the average daily volumes of 11.18 lakh shares in the past one month. Prism Johnson Ltd spiked 8.78% to Rs 189.5. The stock was the second biggest gainer in 'A' group. On the BSE, 2.14 lakh shares were traded on the counter so far as against the average daily volumes of 61724 shares in the past one month. Globus Spirits Ltd soared 8.54% to Rs 1182. The stock was the third biggest gainer in 'A' group. On the BSE, 21003 shares were traded on the counter so far as against the average daily volumes of 48125 shares in the past one month. Jubilant Ingrevia Ltd added 7.28% to Rs 755.5. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 1.06 lakh shares in the past one month. Suprajit Engineering Ltd jumped 6.10% to Rs 539.25. The stock was the fifth biggest gainer in 'A' group. On the BSE, 59205 shares were traded on the counter so far as against the average daily volumes of 41164 shares in the past one month. Powered by Capital Market - Live