-411.97
80,334.81
-0.51%
1,404.85
-0.08%
-18.35
1,926.3
-0.94%
2.25
3,447.45
0.07%
1,866
-1.58%
1,426.7
-0.6%
-7.4
768.75
-0.95%
1,511.25
0.18%
8,818
-1.86%
2,355.25
-0.62%
-0.3
430.35
-0.07%
781.2
-0.55%
3,320.6
-0.05%
1,766.2
-0.85%
1,573.1
0.67%
2,112.3
0.81%
12,371.4
-2.04%
3,030.8
-2.85%
1,171.2
0.8%
11,629.3
-0.23%
-2.45
339.75
-0.72%
1,998.8
-1.48%
-5.6
233.1
-2.35%
4,419.45
-1.13%
3,363.45
0.69%
307.85
-1.09%
1,330.05
-0.62%
2,285.5
-2.97%
3,972.65
-0.68%
-2.8
241.25
-1.15%
681.9
0.21%
385.2
0.36%
-15.95
950
-1.65%
-7.45
229.45
-3.14%
306.8
-1.05%
-7.85
2,329
-0.34%
2,302.5
-1.29%
-150.35
7,696.45
-1.92%
520.05
-2.3%
5,145.1
-2.76%
140.6
-2.7%
-31.5
5,195
-0.6%
2,691
-0.25%
143.65
-1.81%
409.2
-3.18%
1,720
-1.39%
488.85
-4.58%
-24.45
655.25
-3.6%
-219.35
5,925
-3.57%
251.25
-1.91%
407.05
-2.14%
-411.97
80334.81
-0.51%

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ValueProductView

ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
Bharat Forge Ltd. 25/07/20241,593.85952.3007/04/2025 -40.25% 256 days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days

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This Penny Stock Closed 4.94 Per Cent Higher After RBI Gave a Major Relief
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This Penny Stock Closed 4.94 Per Cent Higher After RBI Gave a Major Relief

The Reserve Bank of India (RBI) Renews Authorization to Operate White Label ATMs

Shares of Vakrangee Ltd, one of India's leading last-mile distribution platforms, surged 4.94 per cent in intraday trade on February 13, closing at Rs 15.92 per share, after the company announced that the Reserve Bank of India (RBI) had renewed its authorization to operate White Label ATMs (WLAs). This renewal allows Vakrangee to expand its financial inclusion initiatives, particularly in underserved regions.

Key Developments

  • Renewal of Authorization: The RBI has extended Vakrangee’s authorization to set up, own, and operate White Label ATMs (WLAs) in India until March 31, 2026. This regulatory nod strengthens the company’s foothold in the financial services segment.
  • WLA Network: As of January 31, 2025, Vakrangee operates 6,035 White Label ATMs, with 76 per cent located in Tier-4 to Tier-6 cities, emphasizing the company’s focus on financial inclusion in rural areas.
  • Vakrangee Kendra Outlets: The company has 22,395 Vakrangee Kendra Outlets, with 81 per cent in Tier-4 to Tier-6 locations. These Kendras are multi-service centers, offering banking, insurance, financial services, assisted e-commerce, and ATM facilities.
  • Technological Integration: Vakrangee integrates digital and physical banking solutions, including CCTV monitoring, digital signage, biometric authentication, and multi-modal payment systems, ensuring secure and efficient transactions.
  • Business Model: The company operates as a "Last Mile Distribution Platform", combining physical outlets (Vakrangee Kendras) with a digital ecosystem (BharatEasy Mobile Super App), making financial services more accessible to the masses.

DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.

Founded in 1990, Vakrangee has evolved into one of India's largest last-mile distribution platforms, integrating technology with financial and retail services. The company provides real-time banking, ATMs, insurance, e-governance, e-commerce (including healthcare services), and logistics solutions across rural, semi-urban, and urban markets.

With 6,035 WLAs and 22,395 Kendra outlets, Vakrangee remains a key player in India’s financial services sector, particularly in bridging the accessibility gap for banking and digital transactions.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.

 

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