Vakrangee soars on partnering with Aditya Birla Health Insurance
Vakrangee is currently trading at Rs. 14.07, up by 0.62 points or 4.61% from its previous closing of Rs. 13.45 on the BSE.
The scrip opened at Rs. 13.30 and has touched a high and low of Rs. 14.08 and Rs. 12.85 respectively. So far 1809096 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. 12.85 on 28-Feb-2025.
Last one week high and low of the scrip stood at Rs. 15.23 and Rs. 12.85 respectively. The current market cap of the company is Rs. 1505.64 crore.
The promoters holding in the company stood at 41.67%, while Institutions and Non-Institutions held 7.29% and 51.04% respectively.
Vakrangee has done strategic corporate agency tie-up with Aditya Birla Health Insurance Company (ABHICL), the health insurance arm of Aditya Birla Capital. This strategic collaboration aims to expand the reach of comprehensive health insurance solutions across the extensive Vakrangee Kendra network, particularly in underserved and remote regions.
Through this alliance, Vakrangee Kendra outlets will offer a diverse portfolio of health insurance products, ensuring enhanced accessibility, affordability, and financial security for millions of customers. The company’s commitment to strategic partnerships further strengthens its mission to expand access to quality healthcare, bridge the gap between insurance and wellness, and create a truly customer-first ecosystem. The company will continue to add more products and services and tie-up with leading business partners to offer its customers a one-stop solution to all their needs.
Vakrangee is a technology-driven company centred on building India's largest network of last-mile retail outlets to deliver its services to the unserved and the underserved rural, semi-urban and urban population of the country.
