Vakrangee Limited has entered an alliance with Reliance Nippon Life Asset Management Limited (Formerly Reliance Capital Asset Management Limited), which shall offer distribution of mutual fund products to the Citizens on PAN India basis.
As per the arrangement with Reliance Mutual Fund, Vakrangee through its Nextgen Vakrangee Kendras will offer mutual fund distribution and help Reliance Mutual Fund to extend their reach to un-served and under-served areas.
This tie-up further expands the company's bouquet of services available to citizens through Vakrangee Kendras.
Shares of Vakrangee Limited was last trading in BSE at Rs.52.45 as compared to the previous close of Rs. 55.1. The total number of shares traded during the day was 1777692 in over 9813 trades.
The stock hit an intraday high of Rs. 56.9 and intraday low of 52.35. The net turnover during the day was Rs. 95793830.