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Nucleus Software gains on plan to buy back shares worth Rs 117 crore

20 Jun 2017 Evaluate

Nucleus Software Exports is currently trading at Rs. 339.00, up by 1.30 points or 0.38% from its previous closing of Rs. 337.70 on the BSE.

The scrip opened at Rs. 337.10 and has touched a high and low of Rs. 339.30 and Rs. 337.10 respectively. So far 4044 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 343.90 on 22-May-2017 and a 52 week low of Rs. 171.00 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 342.00 and Rs. 331.10 respectively. The current market cap of the company is Rs. 1094.41 crore.

The promoters holding in the company stood at 60.62%, while institutions and non-institutions held 9.89% and 29.48% respectively.

Nucleus Software Exports has received an approval to buy back 33.43 lakh equity shares representing up to 10.32% of the total paid-up equity share capital of the company. The buyback price is Rs 350 per share for an aggregate amount not exceeding Rs 117 crore, which is 24.83% of the paid-up equity share capital and free reserves of the company for the financial year ended 31 March 2017.

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.

Nucleus Software Exp Share Price

802.85 -9.95 (-1.22%)
20-Apr-2026 12:35 View Price Chart
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