Vakrangee breaches upper circuit for sixth consecutive session

IT company Vakrangee shot up in the stock market on Wednesday after the company announced the launch of its travel and visa assistance services at three of its outlets at Andheri, Bandra and Worli in Mumbai. 
 
The following expansion is a part of the company’s continuing expansion plans of its services in the travel, life, health and general insurance policies segment.
 
The share price of the company surged by 4.99 per cent in the intraday trade on Wednesday to breach its upper circuit and hit its intraday high of Rs. 226.35 per share on BSE. The stock breached its upper circuit for the sixth consecutive trade session on Wednesday. The stock hit an intraday low of Rs. 223 per share on BSE on Wednesday. 
 
The shares of Vakrangee have surged by over 33 per cent in the past six trading days, however, it has still dropped by nearly 51 per cent in 2018 till now.  
 
The stock had touched its 52-week high of Rs. 515.40 per share on January 24, 2018 and its 52-week low of Rs. 147.15 per share on March 5, 2018 on BSE, respectively.