Nucleus Software zooms on collaborating with Red Hat

03 Mar 2015

Nucleus Software Exports is currently trading at Rs. 205.60, up by 21.50 points or 11.68% from its previous closing of Rs. 184.10 on the BSE.

The scrip opened at Rs. 184.00 and has touched a high and low of Rs. 208.80 and Rs. 184.00 respectively. So far 103188 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 273.80 on 12-Sep-2014 and a 52 week low of Rs. 171.50 on 08-Aug-2014.

Last one week high and low of the scrip stood at Rs. 208.80 and Rs. 178.00 respectively. The current market cap of the company is Rs. 669.05 crore.

The promoters holding in the company stood at 60.62% while Institutions and Non-Institutions held 11.57% and 27.80% respectively.

Nucleus Software Exports has collaborated with Red Hat, the world’s leading provider of open source solutions. With this collaboration, Nucleus Software can offer banks and finance companies significant speed and cost benefits through a wider choice of technology platforms on which to run its market leading software.

Nucleus Software’s products power the lending and transaction banking operations of more than 150 companies across 50 countries. In a highly competitive market banks and financial institutions face continuous pressure to improve their IT infrastructure and operations while driving down costs; this collaboration between Nucleus Software and Red Hat will provide scalable, proven and cost-effective solutions to help them achieve that.

Nucleus Software Exports a leading provider of software solutions to the Banking, Financial Services Industry (BFSI). It has developed solutions spanning from retail banking to corporate banking, cash management, internet banking and credit cards.

 

Related Nucleus Software Exports Ltd. Links:

Nucleus Software Exp Share Price

604.30 31.35 (5.47%) Sep 18, 16:25
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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