Majesco is currently trading at Rs. 399.55, up by 2.70 points or 0.68% from its previous closing of Rs. 396.85 on the BSE.
The scrip opened at Rs. 400.00 and has touched a high and low of Rs. 401.00 and Rs. 399.55 respectively.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 588.40 on 15-Jul-2019 and a 52 week low of Rs. 396.25 on 10-Dec-2019.
Last one week high and low of the scrip stood at Rs. 413.90 and Rs. 396.25 respectively. The current market cap of the company is Rs. 1132.21 crore.
The promoters holding in the company stood at 38.59%, while Institutions and Non-Institutions held 22.51% and 38.89% respectively.
Majesco has released version 11 for the Majesco Distribution Management platform. This release highlights Majesco's continued strategic investment in the distribution management solution to enable insurers to optimize their distribution channels with rich digital, distribution and data capabilities.
Some key elements includes Multi-Channel Enablement, Compensation Schemes, Enhanced Onboarding and Compliance, Performance and Relationship Management and Digital Tour Guide.
Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.
