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

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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

Jammu and Kashmir Bank Ltd, Bank of India, Unichem Laboratories Ltd and Union Bank of India are among the other losers in the BSE’s ‘A’ group today, 09 December 2022.

Vakrangee Ltd leads losers in ‘A’ group

The fine has been issued due to a failure to comply with ATM related guidelines

Vakrangee Ltd fined Rs1.76 crore by RBI

Central bank had first issued show-cause; latest action follows company’s response to the notice

RBI fines Vakrangee Rs 1.76 cr for violating order on ATM deployment goals

Among others, the regulator has imposed a Rs 30 lakh penalty on The Jammu and Kashmir State Co-operative Bank Ltd; a fine of Rs 6 lakh on Mumbai-based The Pratap Co-operative Ltd and Rs 5 lakh each on LIC Housing Finance and The Mysore Merchants Co-operative Bank Ltd.

RBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations

RBI imposed a monetary penalty of Rs 1,76,00,000 on Vakrangee Ltd for non-compliance with certain provisions of the White Label ATM (WLA) directions, the central bank said in a release

RBI imposes fines on Vakrangee, LIC Housing Finance for violating norms

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

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.

Vakrangee Ltd