Vakrangee has entered into an alliance with Eko India Financial Services, an authorised Prepaid Instrument License holder from RBI, for offering Domestic Money Transfer Service to the Citizens across India through its Nextgen Vakrangee Kendras.

This tie-up further expands the company's bouquet of services available to citizens through Vakrangee Kendras.  

The stock had underperformed the market over the past one month till Sep. 05, 2018, falling 23.50% compared with the Sensex's 1.23% rise. It outperformed the market in past one quarter, gaining 13.37% as against 7.63% rise in the Sensex.

Shares of the company gained Rs 0.75, or 1.86%, to trade at Rs 41.00. The total volume of shares traded was 28,836 at the BSE (9.16 a.m., Thursday).