Vakrangee shares jumped more than 10% in the morning trade after the company formed a partnership with Star Health & Allied Insurance Co. Ltd. (Star Health Insurance).
The partnership aims to provide easy access to comprehensive health insurance products through the Vakrangee Kendra network across the country.
In the exchange filing, the company shared, “Through this collaboration, Vakrangee will offer a wide range of health insurance products from Star Health to its customers, ensuring enhanced penetration of health insurance services in remote and underserved regions of the Country.”
As of 9:43 am, Vakrangee shares were trading 10.65% higher at Rs 23.16 on the NSE.
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