Meanwhile, the BSE Sensex was down 103.01 points, or 0.57% to 18,042.24.

On BSE, 4.87 lakh shares were traded in the counter as against average daily volume of 59,181shares over the past one quarter.

The stock hit a high of Rs 577 and a low of Rs 484.10 so far during the day. The stock had hit a 52-week high of Rs 588.05 on Wednesday, 22 February 2012. The stock had hit a 52-week low of Rs 291 on 15 March 2011.

The mid-cap stock had outperformed the market over the past one month till 22 February 2012, rising 66.74% compared with the Sensex's 8.4% gain. The scrip had also outperformed the market in past one quarter, surging 67.27% as against Sensex's 12.95% gain.

The company has an equity capital of Rs 25.02 crore. Face value per share is Rs 10.

The Vakrangee Softwares stock had rallied 34.55% in five trading sessions to settle at Rs 552 on Wednesday, 22 February 2012 from a recent low of Rs 410.25 on 14 February 2012, after the company said during trading hours on 15 February 2012 said that its board will meet on 23 February 2012 to consider bonus issue and stock-split.

Vakrangee Softwares' net profit rose 6.35% to Rs 17.25 crore on 9.1% growth in net sales to Rs 340.58 crore in Q3 December 2011 over Q2 September 2011.

Vakrangee Softwares is one of the leading e-Governance service providers in India.

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