Vakrangee Softwares secures LOI from TCS; Stock hits upper circuit

Vakrangee Softwares secures LOI from TCS; Stock hits upper circuit Vakrangee Softwares, an e-governance service provider, has received a Letter of Intent (LOI) from Tata Consultancy Services Ltd. (TCS) for working as a build partner for six pilot sites.

Under the Passport Seva Kendra (PSK) project, the locations are Bangalore (Lal Baugh), Bangalore (Sai Arcade), Mangalore, Hubli, Kirtinagar (New Delhi) and Gulbarga.

The shares of the company settled the day with gain of 5% at Rs 48 on BSE. The counter has made 52-week-high and low of Rs 291 and Rs 19 respectively.