Nucleus Software soars on launching ‘Payse’ to drive Democratization of money

02 Dec 2015

Nucleus Software Exports is currently trading at Rs. 273.70, up by 8.20 points or 3.09% from its previous closing of Rs. 265.50 on the BSE.

The scrip opened at Rs. 268.60 and has touched a high and low of Rs. 277.50 and Rs. 267.90 respectively. So far 17304 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 353.00 on 28-Jul-2015 and a 52 week low of Rs. 160.20 on 26-Mar-2015.

Last one week high and low of the scrip stood at Rs. 282.20 and Rs. 256.10 respectively. The current market cap of the company is Rs. 889.58 crore.

The promoters holding in the company stood at 60.62% while Institutions and Non-Institutions held 10.86% and 28.51% respectively.

Nucleus Software Exports has launched ‘Payse’, world's first offline digital cash solution designed and created with an aim to democratize money.

Payse utilizes the latest advances in mobility, big data, open source and crypto currency (primarily tokenization) to deliver the world’s first secure offline peer to peer payment solution. PaySe helps to reduce and offset the costs associated with cash by replacing physical cash notes with digital currency. With fewer notes in circulation, the cost of storing, transporting and processing cash will reduce dramatically.

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.



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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323