18-09-2024 12:09 PM | Source: Accord Fintech
Vakrangee zooms on partnering with Star Health & Allied Insurance

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Vakrangee is currently trading at Rs. 23.23, up by 2.29 points or 10.94% from its previous closing of Rs. 20.94 on the BSE.

The scrip opened at Rs. 21.43 and has touched a high and low of Rs. 23.80 and Rs. 21.43 respectively. So far 7602417 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 32.19 on 01-Feb-2024 and a 52 week low of Rs. 16.15 on 10-Oct-2023.

Last one week high and low of the scrip stood at Rs. 23.80 and Rs. 20.85 respectively. The current market cap of the company is Rs. 2496.27 crore.

The promoters holding in the company stood at 41.92%, while Institutions and Non-Institutions held 9.11% and 48.96% respectively.

Vakrangee has partnered with Star Health & Allied Insurance, India's largest retail health insurance company. This partnership aims to provide easy access to comprehensive health insurance products through Vakrangee Kendra network across the Country.

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 21,900+ Kendras, covering urban, semi-urban, and rural areas. 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. 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.

Vakrangee is the unique technology driven company focused on building India's largest network of last mile retail outlets to deliver real time banking & Financial Services, ATM, insurance, e-governance, e-commerce and logistics services to the un-served rural, semi-urban and urban markets.