Vakrangee, after a Hammer kind of candlestick pattern, formed robust bullish candle with strong volumes as the stock climbed 13 percent to Rs 29.80. MACD (moving average convergence divergence) remained positive since June 24 and now is near the equilibrium line (zero line), which is positive indication, while the Stochastic has given positive crossover and RSI also showed uptrend indicating sentiments are positive in the stock.
Ramco System has started to diverge positively from May 2022. It is too early to say, but technically, we think the stock is on the verge of reversing its bearish trend.
The probe found that the connected entities traded in the scrip of Vakrangee and created a misleading appearance of trading in the scrip without any intention of change in ownership of the security, by entering into synchronized trades at the relevant times.
Vakrangee ranked in top 15 percent among industry competitors for sustainability efforts. The company has achieved global recognition across various platforms for its superior ESG performance and long-term business sustainability.
Global recognition reflects the company’s commitment to further enhance its corporate governance and transparency standards. The company has achieved global recognition across various platforms for its superior ESG performance and long term business sustainability.
Company can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS.
Cash generation from operations is the ultimate truth for a company and can be a good source of information