Alankit gains on qualifying to act as e-KYC user agency

Alankit rose 3.34% to Rs 34 at 10:57 IST on BSE after the company said it was appointed as e-KYC user agency by Unique Identification Authority of India.

The announcement was made after market hours yesterday, 21 December 2016.

Meanwhile, the BSE Sensex was down 207.36 points, or 0.79%, to 26,035.02.

On the BSE, so far 2.02 lakh shares were traded in the counter, compared with average daily volumes of 2 lakh shares in the past one quarter. The stock had hit a high of Rs 34.95 and a low of Rs 33.50 so far during the day.

The stock hit a record high of Rs 42.70 on 20 October 2016. The stock hit a 52-week low of Rs 13.06 on 23 December 2015.

Alankit has been appointed as electronically know your customer (e-KYC) user agency for the usage of Aadhaar authentication services provided by Unique Identification Authority of India (UIDAI) to provide Aadhaar enabled services to company beneficiaries, clients and customers.

Net profit of Alankit rose 121.6% to Rs 1.64 crore on 750.2% rise in net sales to Rs 18.62 crore in Q2 September 2016 over Q2 September 2015.

Alankit is engaged in unique identification number (UID) enrollments and smart card data management services.

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