Share price of Vakrangee Ltd. falls as Nifty strengthens

Shares of Vakrangee Ltd. slipped 1.33 per cent to Rs 26.05 in Tuesday's trade as of 01:33PM (IST).

The stockhit a high price of Rs 26.85 and low of Rs 25.85 during the session.

The return on equity (ROE) for the stock stood at 0.96 per cent. Traded volume on the counter stood at 01:33PM shares and turnover at Rs 1.43 crore around that time.


The stock of Vakrangee Ltd. quoted a 52-week high and 52-week low prices of Rs 55.5 and Rs 17.1, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.7.

Promotor/FII Holding
Promoters held 42.6 per cent stake in the company as of 31-Mar-2020, while FIIs held 11.68 per cent and domestic institutional investors had 0.0 per cent.

Key Financials
The company reported consolidated sales of Rs 199.2 crore for the quarter ended 31-Dec-2019, up 31.18 per cent from previous quarter's Rs 151.85 crore and up 105.8 per cent from the year-ago quarter's Rs 96.79 crore.

Net profit after tax for the latest quarter stood at Rs 21.4404 crore, up 477.99 per cent from the same quarter a year ago.