Alankit has entered into a Business Correspondent Agreement with the Bank of Baroda (BoB) to act as a Service Provider and to provide services as may be required by the Bank.

Alankit (formerly known as Euro Finmart) was incorporated for setting up gold Jewellery Manufacturing unit at Noida Export Processing Zone, Noida at Uttar Pradesh in phased manner.

Shares of the Alankit gained Rs 1.2, or 5.24%, to trade at Rs 24.10. The total volume of shares traded was 42,884 at the BSE (10.32 a.m., Friday).

Shares of the Bank of Baroda declined Rs 0.85, or 0.49%, to trade at Rs 172.55. The total volume of shares traded was 128,192 at the BSE (10.32 a.m., Friday).