Grandeur Peak Fund buys Rs 21.5cr worth shares of Vakrangee

Moneycontrol Bureau

Grandeur Peak International Opportunities Fund bought Rs 21.5 crore worth of equity shares of Vakrangee Software on Friday.
The fund purchased 29,83,500 equity shares (0.6 percent of total paid up equity) of the software company at Rs 72 apiece via bulk deal on the National Stock Exchange Friday.
This fund focuses on identifying best-in-class small and micro cap companies outside of the US, according to a website of Grandeur Peak Funds.
On Friday, Vakrangee Software gained 2.82 percent to close at Rs 74.80 amid large volumes.