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The Vakrangee Software counter has been abuzz with hectic buying activity for the last one month. According to market sources, the Mumbai based provider of document and printing management solutions is very close to bagging a Rs 1,000-Rs 1,500 crore billing management deal from one of the telecom majors. Earlier in the year, Vakrangee had entered into an alliance with Eastman Kodak Company to offer personalisation of customer communication practices in India. The company i s also bidding for a similar contract from a large retail player, market men tracking the counter said.

The scrip has been up by 21.81 per cent on a month ago basis and 8.1 per cent on a year ago basis. Today, it fell by 1.77 per cent to close at Rs 197.55 on the BSE. Vakrangee officials, however, declined to comment on this matter.

Adith Charlie

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