Vakrangee Ltd Shows Resilience with Significant Stock Rebound Amid Market Challenges

Apr 01 2025 11:00 AM IST
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Vakrangee Ltd, a small-cap IT software company, experienced a notable rebound today, hitting its upper circuit limit after five days of decline. The stock saw significant trading activity, with a marked increase in delivery volume, demonstrating resilience despite a broader sector downturn.
Vakrangee Ltd, a small-cap player in the IT software industry, has shown remarkable activity today as it hit its upper circuit limit. The stock reached a high price of Rs 9.88, reflecting a change of Rs 0.47, or an increase of 4.99%. This performance marks a significant turnaround for the company, which had experienced five consecutive days of decline prior to today.

In terms of trading volume, Vakrangee saw a total traded volume of approximately 24.31 lakh shares, resulting in a turnover of Rs 2.36 crore. The stock's price band was noted at 5%, indicating a robust trading environment. The intraday low was recorded at Rs 9.35, which also marked a new 52-week low earlier in the day.

Despite the broader IT software sector experiencing a decline of 2.04%, Vakrangee outperformed its sector by 6.09%. The stock's performance today is underscored by a notable increase in delivery volume, which rose by 38.5% compared to the five-day average.

Overall, Vakrangee's performance today highlights a significant rebound, with the stock showing resilience in a challenging market environment.
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