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Majesco gains on the bourses

22 Mar 2019 Evaluate

Majesco is currently trading at Rs. 498.25, up by 2.45 points or 0.49% from its previous closing of Rs. 495.80 on the BSE.

The scrip opened at Rs. 493.00 and has touched a high and low of Rs. 498.25 and Rs. 493.00 respectively.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 581.00 on 30-Apr-2018 and a 52 week low of Rs. 401.10 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 508.00 and Rs. 486.65respectively. The current market cap of the company is Rs. 1405.37 crore.

The promoters holding in the company stood at 39.16%, while Institutions and Non-Institutions held 20.81% and 40.03% respectively.

Hansard Global plc has selected Majesco’s Life IllustratePlus, Majesco Life AdminPlus, and Majesco Life DistributionPlus to support its ambitious growth plans. Hansard Global plc provides innovative financial products and services for financial advisors and their international clients, leveraging the latest technology to deliver an award-winning online proposition and best-in-class service.

Majesco LifePlus Solutions are designed to be tomorrow's solution for individual life, pensions and wealth management. Majesco's component-based SaaS solutions provide full policy life cycle support from customer fact find right through to payment of a claim. Majesco LifePlus Solutions allow clients to avoid large upfront licence fees, to pay per usage and work anywhere, anytime.

Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.

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