Buy Vakrangee; target of Rs 640: Joindre Capital

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Joindre Capital's research report on Vakrangee

Vakrangee Limited (VL) is a unique technology driven company focused on building India's largest network of last-mile retail outlets to deliver real-time banking & ATM, insurance, e-governance, ecommerce and logistics services to the unserved & underserved rural, semi-urban and urban markets. These retail outlets are called as “Vakrangee Kendra” which act as a “One-stop shop” for availing various services and products.

Outlook

We believe that premium valuations for Vakrangee will continue, looking at Vakrangee’s strong business model, excellent revenue visibility and a huge untapped potential yet to be realised via financial inclusion in a country like India which makes the company a unique play on India where there are no comparables as of now, hence the market would be willing to pay a high PE for a stock which offers both growth and value combination for the next 3-5 years.Hence we believe that the VL stock should be purchased at the current price for a price target of around Rs 640 over the next 12 to 18 months.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More