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Vakrangee Limited ( (IN:VAKRANGEE) ) has issued an update.
Vortex Engineering, a subsidiary of Vakrangee Limited, has signed a service level agreement with UCO Bank to supply, install, and maintain 300 new ATM machines over seven years, valued at Rs.12.81 Crore. This agreement strengthens Vortex’s position as a leader in ATM technology, supporting financial inclusion and digital banking in India through innovative, sustainable, and customer-centric solutions.
More about Vakrangee Limited
Vakrangee Limited, through its subsidiary Vortex Engineering, operates in the financial technology industry, focusing on providing advanced ATM solutions. The company is known for its technological innovation, energy efficiency, and commitment to financial inclusion, enhancing last-mile banking accessibility. Vortex is aligned with the Make-in-India vision, emphasizing domestic design and manufacturing, and contributing to India’s digital financial ecosystem and employment generation.
Average Trading Volume: 413,128
Technical Sentiment Signal: Sell
Current Market Cap: 10.21B INR
Learn more about VAKRANGEE stock on TipRanks’ Stock Analysis page.