/ Vakrangee Climbs 7% As Firm Becomes Debt Free ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 1 June 2017

Vakrangee Limited climbed 7% on Thursday after the company announced that it has achieved the full debt free status during the March quarter.

 “Over the last 5 years, the company has repaid almost Rs 750 crore short-term debt and hence achieved Short-Term Debt Free status as on date today,” said Vakrangee Limited in its BSE filing.

Vakrangee Limited was trading at Rs 387.45, up by Rs 23.35 or 6.41% as at 15.01 on Thursday on the BSE. The stock had hit an intraday high of Rs 389.25.

Vakrangee Softwares Ltd is a premier integrated document and printing related services provider with global scales and skills. The company is engaged in software and database related services. They offer document management services, which includes inbound scanning, digitisation, workflow management and document lifecycle management.

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