Vakrangee Softwares rallies 6%, hits 52-week high as promoters hike stake
The company has a market cap of over Rs 3,900 crore. The stock has an EPS of Rs 2.17 per shares and is available at a P/E ratio of 35.97x.
By ET Online | Updated:
MUMBAI: Vakrangee Softwares surged over 6 per cent to hit its 52-week high of Rs 79.85 on Wednesday after the promoters increased their stake in the company.
At 10:15 a.m.; the stock was at Rs 79.75, up 6.48 per cent, on the BSE. It touched a high of Rs 79.85 and a low of Rs 75.05 in trade today.
“Vakrangee Holdings and Vakrangee Capital, promoters of Vakrangee Softwares have acquired shares aggregating to 4.53 per cent of share capital of the Company through open market during the period May 13, 2013 to June 13, 2013,” the company informed in a regulatory filing to the stock exchanges.
Post the current acquisition, total promoters’ share-holding in the company stands at 38.80 per cent.
The company has a market cap of over Rs 3,900 crore. The stock has an EPS of Rs 2.17 per shares and is available at a P/E ratio of 36.73.
At 10:15 a.m.; the stock was at Rs 79.75, up 6.48 per cent, on the BSE. It touched a high of Rs 79.85 and a low of Rs 75.05 in trade today.
“Vakrangee Holdings and Vakrangee Capital, promoters of Vakrangee Softwares have acquired shares aggregating to 4.53 per cent of share capital of the Company through open market during the period May 13, 2013 to June 13, 2013,” the company informed in a regulatory filing to the stock exchanges.
Post the current acquisition, total promoters’ share-holding in the company stands at 38.80 per cent.
The company has a market cap of over Rs 3,900 crore. The stock has an EPS of Rs 2.17 per shares and is available at a P/E ratio of 36.73.
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