Nucleus Software shines on gaining 25 new customers for FinnOne Neo Cloud

20 Nov 2018

Nucleus Software Exports is currently trading at Rs. 371.55, up by 8.20 points or 2.26% from its previous closing of Rs. 363.35 on the BSE.

The scrip opened at Rs. 362.25 and has touched a high and low of Rs. 383.60 and Rs. 358.05 respectively. So far 2534 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 602.40 on 01-Dec-2017 and a 52 week low of Rs. 330.60 on 05-Jun-2018.

Last one week high and low of the scrip stood at Rs. 383.60 and Rs. 358.05 respectively. The current market cap of the company is Rs. 1039.80 crore.

The promoters holding in the company stood at 67.59%, while Institutions and Non-Institutions held 9.52% and 22.89% respectively.

Nucleus Software Exports has gained 25 new customers, including 10 so far in 2018, for its revolutionary cloud lending solution - FinnOne Neo Cloud. Leading Non-Banking Finance Companies (NBFCs) and Housing Finance Companies (HFCs) across a wide range of industry sectors have selected the solution to power their innovative businesses.

Operating in a crowded market with entrenched competition NBFCs and HFCs have grown tremendously by offering innovative products and compelling customer experiences. Nucleus Software’s advanced technology solution, FinnOne Neo Cloud is powering this revolution by helping lenders launch tailored loan products in a matter of minutes, make better, faster credit decisions and offer sophisticated post-sale customer services.

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

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Nucleus Software Exp Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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