Vakrangee has entered an alliance with Reliance Nippon Life Asset Management (Formerly Reliance Capital Asset Management), 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.

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Godfrey Phillips India Ltd, Jet Airways (India) Ltd, Jubilant Foodworks Ltd and HeidelbergCement India Ltd are among the other gainers in the BSE's 'A' group today, 22 June 2018.

Vakrangee Ltd spiked 5.00% to Rs 52.5 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 41.51 lakh shares were traded on the counter so far as against the average daily volumes of 45.9 lakh shares in the past one month.

Godfrey Phillips India Ltd soared 3.41% to Rs 767. The stock was the second biggest gainer in 'A' group. On the BSE, 18756 shares were traded on the counter so far as against the average daily volumes of 7576 shares in the past one month.

Jet Airways (India) Ltd surged 2.96% to Rs 385.5. The stock was the third biggest gainer in 'A' group. On the BSE, 2.17 lakh shares were traded on the counter so far as against the average daily volumes of 4.34 lakh shares in the past one month.

Jubilant Foodworks Ltd rose 2.57% to Rs 1393. The stock was the fourth biggest gainer in 'A' group. On the BSE, 57073 shares were traded on the counter so far as against the average daily volumes of 1.41 lakh shares in the past one month.

HeidelbergCement India Ltd jumped 2.54% to Rs 137.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2544 shares were traded on the counter so far as against the average daily volumes of 29258 shares in the past one month.

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CG Power & Industrial Solutions Ltd, MphasiS Ltd, PTC India Financial Services Ltd and Astra Microwave Products Ltd are among the other gainers in the BSE's 'A' group today, 21 June 2018.

Vakrangee Ltd surged 4.93% to Rs 50 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 44268 shares were traded on the counter so far as against the average daily volumes of 45.89 lakh shares in the past one month.

CG Power & Industrial Solutions Ltd spiked 4.21% to Rs 55.65. The stock was the second biggest gainer in 'A' group. On the BSE, 7.36 lakh shares were traded on the counter so far as against the average daily volumes of 11.32 lakh shares in the past one month.

MphasiS Ltd soared 3.40% to Rs 1098.05. The stock was the third biggest gainer in 'A' group. On the BSE, 17773 shares were traded on the counter so far as against the average daily volumes of 15203 shares in the past one month.

PTC India Financial Services Ltd rose 3.32% to Rs 18.65. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.37 lakh shares were traded on the counter so far as against the average daily volumes of 1.6 lakh shares in the past one month.

Astra Microwave Products Ltd advanced 3.30% to Rs 103.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 40665 shares were traded on the counter so far as against the average daily volumes of 89164 shares in the past one month.

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Net profit of Vakrangee declined 49.82% to Rs 75.96 crore in the quarter ended March 2018 as against Rs 151.39 crore during the previous quarter ended March 2017. Sales rose 61.31% to Rs 1846.94 crore in the quarter ended March 2018 as against Rs 1144.99 crore during the previous quarter ended March 2017.

For the full year,net profit rose 28.20% to Rs 680.46 crore in the year ended March 2018 as against Rs 530.80 crore during the previous year ended March 2017. Sales rose 62.53% to Rs 6502.00 crore in the year ended March 2018 as against Rs 4000.46 crore during the previous year ended March 2017.

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