Alankit Up On Being Appointed As E-KYC User Agency

Alankit share price is currently trading at Rs. 33.85, up by 0.80 points or 2.42 per cent from its previous closing of Rs. 33 on the NSE. The scrip opened at Rs. 34.00 and has touched a high and low of Rs. 34.80 and Rs. 33.50 respectively. So far 16,46,456 shares were traded on the counter with a traded value of Rs. 560.78 lacs.

The stock has a value Rs. 1 has touched a 52 week high of Rs. 42.50 (20-OCT-16) and a 52 week low of Rs. 13.01 (23-DEC-15). Last one week high and low of the scrip stood at Rs. 38.80 and Rs. 32.00 respectively. The current market cap of the company is Rs. 472.48 (Cr).

Alankit has been appointed as E-KYC User Agency (KUA) for the usage of Aadhaar Authentication Services provided by UIDAI to provide Aadhaar Enabled Services to Company beneficiaries, clients and customers. The company had lately entered into an agreement with the NSDL e-Governance Infrastructure in order to perform the National Judicial Reference System (NJRS) related activities.

Alankit (formerly known as Euro Finmart) was incorporated in order to set up gold Jewellery Manufacturing unit at Noida Export Processing Zone, Noida at Uttar Pradesh in phased manner.

Net profit of Alankit increased 121.6 per cent to Rs 1.64 crore on 750.2 per cent  rise in net sales to Rs 18.62 crore in Q2 September 2016 over Q2 September 2015.

Alankit is involved in unique identification number (UID) enrollments and smart card data management services.

Dynamic Levels has recognized Alankit as one of the top 500 performing stocks for this quarter out of the 1700 stocks listed on the National Stock Exchange. Dynamic Levels is of the view that this stock has the capability of granting good returns on account of its rich fundamentals. Thus, it is safe for investment.

For detailed information on the closest support and resistance levels, refer to Alankit share price history.