Bengaluru, Sept. 9 -- This Micro-cap IT Stock, engaged in providing SaaS-based core banking software solutions, ERP implementation, e-governance platforms, and customized IT services for banking, finance, government, and enterprise clients, jumped 8 percent after signing a Memorandum of Understanding (MoU) with Xangars Infratech Solutions to deploy 1 lakh UPI and QR-based sound boxes.

With a market capitalization of Rs. 483.32 crores, the share of Virtual Galaxy Infotech Limited has reached an intraday high of Rs. 201.80 per equity share, rising nearly 8.17 percent from its previous day's close price of Rs. 186.55. Since then, the stock has retreated and is currently trading at Rs. 194.35 per equity share.

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