The stock soared 5.8 per cent to Rs 471.20 on Monday after the company's net sales in the December quarter grew by 84.1 per cent YoY to Rs 1,802 crore while net profit grew by 87.5 per cent to Rs 247crore. The company is one of the main beneficiary of the government's financial inclusion drive. It runs around 41,000 'Vakrangee Kendras' across 18 states The stock has risen 192 per cent in last one year on the back of its earnings growth, but some analysts believe there is still steam left in the stock.
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link : https://m.economictimes.com/markets/stocks/news/vakrangee-m-cap-at-rs-50000-crore-from-rs-50-crore-in-2009/amp_articleshow/62613052.cms
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