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Vakrangee gains 6% on bonus issue plan

The stock up 6% to Rs 559 on the BSE in noon deal after the company said that its board will meet on November 13, 2017 to consider issue of bonus shares

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai (
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Brokers trade at their computer terminals at a stock brokerage firm in Mumbai (

SI Reporter Mumbai
Vakrangee moved higher by 6% to Rs 559 on the BSE in noon deal after the company said that its board will meet on November 13, 2017 to consider issue of bonus shares. The stock is trading close to its record high of Rs 566 touched on November 1, 2017 on the BSE in intra-day trade.

“A board meeting is scheduled to be held on November 13, 2017, to consider and approve un-audited financial results for the quarter and half year ended September 30, 2017 (Q2),” Vakrangee said in a BSE filing.

The board will also consider