Shares of Vakrangee tumbled 5 per cent and locked in lower circuit on the Bombay Stock Exchange amid volume trade after the foreign portfolio investors (FPIs) sold equity shares of the company through open market.
Weighed down by FPI selling, stocks of the company declined as much 5 per cent and touched an intra-day low of Rs 221.55 apiece on the Bombay Stock Exchange.
In a similar fashion, shares of the firm were trading 4.98 per cent lower at Rs 221.20 apiece on the National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 33,835.95, up 61.29 points, or 0.18 per cent, at 11:35 hours.