Alankit gains as its arm inks agreement with Western Union Financial Services

Alankit is currently trading at Rs. 17.90, up by 0.20 points or 1.13% from its previous closing of Rs. 17.70 on the BSE.

The scrip opened at Rs. 17.85 and has touched a high and low of Rs. 18.05 and Rs. 17.30 respectively. So far 8396 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 28.00 on 23-Sep-2019 and a 52 week low of Rs. 8.25 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 19.80 and Rs. 17.30 respectively. The current market cap of the company is Rs. 252.32 crore.

The promoters holding in the company stood at 71.33%, while Institutions and Non-Institutions held 0.16% and 28.50% respectively.

Alankit’s subsidiary company — Alankit Forex India has entered into an International Representation Agreement with Western Union Financial Services Inc., Colorado, USA to provide Western Union-branded money transfer services.

Alankit, a market leader and eminent name in the industry today, is a more than two-decade-old conglomerate, having diversified operations in the vital segments like e-Governance, Financial Services, Healthcare and Insurance Broking.

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