Vakrangee shares experienced a significant uptick, rising by 5.34% to reach Rs 21.70. This surge in share value follows the company’s strategic collaboration with JK Cement, a move aimed at lead generation for the sale of grey Cement through Vakrangee Kendra networks.
The market witnessed a substantial exchange of Vakrangee shares, totaling 13,32,93,442 and amounting to a significant Rs 290 crore. Vakrangee’s partnership with JK Cement signifies a key step in their expansion strategy, as they diversify their offerings by adding more products and services. This partnership also includes an assurance from Vakrangee to continue seeking new tie-ups with business partners, enhancing their capacity to provide customers with comprehensive one-stop solutions.
Notably, JK Cement, a renowned player in the industry, manufactures a wide array of products including Grey Cement, White Cement, white cement-based wall putty, and other essential building materials. Vakrangee Kendras, known for their versatility, now extend their offerings to include this extensive range of building materials, thereby further enriching the suite of products and services available to their customers.
At 1:37 PM, Vakrangee shares were trading at Rs 21.70, reflecting a robust 5.34% increase. This upward trajectory underscores the market’s positive response to Vakrangee’s strategic collaboration with JK Cement, marking a promising chapter in their business expansion.
