Majesco is currently trading at Rs. 474.00, up by 6.95 points or 1.49% from its previous closing of Rs. 467.05 on the BSE.
The scrip opened at Rs. 478.35 and has touched a high and low of Rs. 481.00 and Rs. 471.15 respectively. So far 4264 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 603.95 on 24-Jan-2018 and a 52 week low of Rs. 300.00 on 10-Jul-2017.
Last one week high and low of the scrip stood at Rs. 497.60 and Rs. 463.20 respectively. The current market cap of the company is Rs. 1334.28 crore.
The promoters holding in the company stood at 40.22%, while Institutions and Non-Institutions held 22.84% and 36.94% respectively.
Majesco’s Distribution Management and Digital Solutions has been selected by NTUC Income (Income), a leading insurance company and the only insurance co-operative in Singapore, in order to optimize management of its sales and distribution channels across the insurance business.
The implementation and strategic partnership with Majesco is part of Income's plan to optimize its distribution management operation and improve sales performance.
Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.
