HGS surges as its arm introduces EDE Pathway Solution

01 Oct 2020 Evaluate

Hinduja Global Solutions is currently trading at Rs. 705.00, up by 13.45 points or 1.94% from its previous closing of Rs. 691.55 on the BSE.

The scrip opened at Rs. 697.35 and has touched a high and low of Rs. 710.00 and Rs. 697.35 respectively. So far 194 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1008.00 on 11-Feb-2020 and a 52 week low of Rs. 412.20 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 739.00 and Rs. 690.10 respectively. The current market cap of the company is Rs. 1471.56 crore.

The promoters holding in the company stood at 67.24%, while Institutions and Non-Institutions held 11.50% and 21.26% respectively.

Hinduja Global Solutions’ (HGS) subsidiary, HGS Colibrium LLC, has released its EDE Pathway solution, which enables health insurance plans to deploy the Enhanced Direct Enrollment (EDE) pathway to their prospective and current individual subscribers.

The Centers for Medicare and Medicaid Services (CMS)states that the goal of the EDE program is to enable consumers, agents and brokers assisting consumers to be able to go directly to the approved enrolment partner’s website for the entire application and enrollment experience, without being redirected to HealthCare.gov. In addition, consumers will be able to download Exchange notices, get status updates, or follow up on actions they need to take, directly through the partner’s website. This great new opportunity enables the private sector to come up with innovative ways to create a uniquely tailored end-to-end user experience.

HGS is a global leader in business process management (BPM) and optimizing the customer experience lifecycle, HGS is helping make its clients more competitive every day.

Hinduja Global Soln. Share Price

738.00 10.00 (1.37%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Quess Corp 516.30
eClerx Services 2377.15
Info Edge 5497.35
CMS Info Systems 391.45
Affle (India) 1040.05
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