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 shares: Shareholders of Vakrangee will get one equity share each of VL EGovernance & IT Solutions Limited for 10 equity shares they hold when the latter gets listed on stock exchanges.

Vakrangee shares to turn ex-date for demerger today; all you need to know

Investors having the delivery of Vakrangee’s equity shares as of Thursday are eligible for allotment of equity shares of VL E-Governance & IT Solutions in 10:1 ratio.

Vakrangee shares rebound 7% as stock trades ex-demerger

Shares of DCB Bank (Rs 1.25 per share dividend), Visaka Industries (Re 0.60 per share dividend) and DJ Mediaprint & Logistics (Re 0.15 per share dividend) will also turn ex-dividend today.

TCS shares to turn ex-dividend; Varun Beverages to trade ex-split, Vakrangee ex-demerger today

Vakrangee Ltd, Hindustan Aeronautics Ltd, Indo Count Industries Ltd and Vedanta Ltd are among the other losers in the BSE’s ‘A’ group today, 23 March 2023.

AGI Greenpac Ltd leads losers in ‘A’ group

Stocks to watch before going into trade today.

Stocks To Watch: HDFC, Ashoka Buildcon, Mahanagar Gas, Vakrangee, Nerolac, Easy Trip Planners

The company has 24,887 Vakrangee Kendra outlets and 82 per cent are in Tier 5 and 6 locations.

RBI renews authorization for white label ATMs to Vakrangee

Vakrangee consolidated net profit declines 98.81% in the December 2022 quarter

The Board had approved the demerger of the Governance and IT/ITES division in November, 2021. Subsequently, in connection with the composite scheme of arrangement, the Company has obtained consent from SEBI, Stock Exchanges, and clearances from

Vakrangee receives NCLT approval for demerger of Governance and IT/ITES division

Vakrangee has partnered with Digify Televentures to offer sale of refurbished smartphones across its network.

Vakrangee ties up with Digify to sell refurbished smartphones

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Vakrangee Limited is a technology company which offers solutions across e-Governance Projects and Vakrangee Kendra.