Vakrangee gains on strategic tie-up with Indian Oil Corporation

Vakrangee was trading higher by 3% at Rs 220, also its fresh record high on the BSE, after the company announced a tie-up with Indian Oil Corporation Limited (IOC) for setting up Vakrangee Kendra at its retail outlets (distribution network). Stock Market Trading Tips

This tie up would drastically increase the customer touch points at the Vakrangee Kendra and ensure a boost in its core objective i.e. financial inclusion, digital inclusion, social inclusion, employment generation and skill development, Vakrangee said in a statement.

Currently, the Vakrangee Kendra shall be set up in 3575 IOC Retail Outlets located Uttar Pradesh. Citizens, in these areas shall now be able to visit nearest Vakrangee Kendra and enjoy services from all the 5 business units of Vakrangee, i.e. e-Commerce, e-Governance, Banking, Insurance, and ATM, it added.  Financial Astrology

The company last month in February announced that its Corporate Agency has tied up with Tata AIG General Insurance Company, a joint venture between Tata Group and American International Group (AIG).     Indian stock market astrology prediction
 
The tie up will help to distribute quality general insurance products through Vakrangee distribution network, the company had said in a media release.  Sensex Astrology 

In past one-month, the stock outperformed the market by gaining 12% as compared to 1% decline in the S&P BSE Sensex.