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Oracle Financial Services Software skyrockets on the bourses

01 Feb 2012 Evaluate

Oracle Financial Services Software is currently trading at Rs. 2095.00, up by 107.90 points or 5.43% from its previous closing of Rs. 1987.10 on the BSE.

The scrip opened at Rs. 1992.80 and has touched a high and low of Rs. 1999.00 and Rs. 1980.40 respectively. So far 1248 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2375.00 on 28-Jun-2011 and a 52 week low of Rs. 1699.00 on 22-Aug-2011.

Last one week high and low of the scrip stood at Rs. 2124.90 and Rs. 1920.00 respectively. The current market cap of the company is Rs. 16781.30 crore.

The promoters holding in the company stood at 80.39% while Institutions and Non-Institutions held 7.81% and 11.80% respectively.

Oracle Financial Services Software solutions which includes Oracle FLEXCUBE and Oracle Financial Services Analytical Applications, is been selected by a growing number of financial services organizations worldwide to help them innovate and achieve competitive differentiation, ensure regulatory compliance and deliver more personalized service and greater value to customers.

Among the financial services organizations, Nouvobanq has selected Oracle FLEXCUBE Universal Banking Solution and Oracle FLEXCUBE Direct Banking Solution to support the bank’s growing retail and corporate banking operations. Ping An Bank in China implemented Oracle FLEXCUBE. Also, leading pan-African bank, Ecobank Transnational Inc., has implemented Oracle FLEXCUBE Universal Banking and Oracle FLEXCUBE Direct Banking solutions, as well as Oracle's Financial Services Risk Analytics, to standardize its processing platform across its affiliates in 30 sub-Saharan African countries.

Besides, Banque Pour Le Commerce Exierieur Lao Public (BCEL) is preparing to implement Oracle FLEXCUBE Universal Banking on Oracle Exadata Database Machine to modernize its core banking system while Australia's Suncorp is preparing to implement Oracle FLEXCUBE Next Generation Platform to overhaul its core banking infrastructure, with the overall goal of simplifying the banking system.

Silicon Valley Bank, the first successful deployment of Oracle FLEXCUBE in the United States, is in the midst of its Oracle FLEXCUBE rollout with the solution currently supporting multicurrency deposit accounts and customer data.

Oracle Financial Services Software is a majority owned subsidiary of Oracle. Oracle Corporation is the world's largest business software company.

Oracle Finl. Service Share Price

7150.00 -105.55 (-1.45%)
13-Apr-2026 16:01 View Price Chart
Peers
Company Name CMP
TCS 2472.65
Infosys 1277.35
HCL Tech. 1429.90
Wipro 203.00
Tech Mahindra 1434.85
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