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Polaris Financial Technology moves up on the BSE

Polaris Consulting & Services Ltd. | IT - Software | IT & ITES | BSE: 532254 | NSE: POLARIS

28 Apr 2014 Evaluate

Polaris Financial Technology is currently trading at Rs. 187.80, up by 0.45 points or 0.24% from its previous closing of Rs. 187.35 on the BSE.

The scrip opened at Rs. 188.65 and has touched a high and low of Rs. 190.00 and Rs. 185.40 respectively. So far 73060 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 219.00 on 02-Apr-2014 and a 52 week low of Rs. 96.10 on 14-May-2013.

Last one week high and low of the scrip stood at Rs. 202.85 and Rs. 185.90 respectively. The current market cap of the company is Rs. 1860.41 crore.

The promoters holding in the company stood at 29.13% while Institutions and Non-Institutions held 30.91% and 39.97% respectively.

Chief (Cambodia) Specialized Bank PLC (CCSB), a bank providing financial solutions to corporate, small and medium enterprises and agriculture-based customers in Hong Kong, has gone live with Polaris’ state-of-the-art Intellect Core Banking, Lending, Trade and Treasury Solution in Cambodia. CCSB has chosen Polaris Financial Technology, a leader in products, solutions and services that enable unprecedented operational productivity for the global Financial Services industry, to implement its Core Banking, Lending, Trade, Treasury, Armor (Security Shell) and Integrator (Middleware for interfacing), enabling it to commence its operations in Cambodia.

Intellect’s UBS implementation in CCSB is designed to facilitate the growth plans of the bank in terms of unique positioning, business scaling, product depth and meeting ever evolving customer expectations. Polaris’ highly scalable Core Banking Solution for emerging markets has paved the way for CCSB to have a competitive edge over competitors, which is essential for steady business growth.

Polaris is a full-spectrum Financial Technology major, using technology as an enabler to drive unprecedented operational productivity in Retail, Corporate and Investment Banking. Polaris services over 200 banks across the world, including 9 of the top 10 banks, with a comprehensive suite of products, services and consulting offerings.

Polaris Consulting Share Price

Not Listed

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Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Polaris Financial Technology moves up on the BSE

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