Nucleus Software Exports jumps on launching end-to-end digital solution

12 Nov 2020

Nucleus Software Exports is currently trading at Rs. 569.00, up by 7.30 points or 1.30% from its previous closing of Rs. 561.70 on the BSE.

The scrip opened at Rs. 570.00 and has touched a high and low of Rs. 585.00 and Rs. 555.00 respectively. So far 6527 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 754.40 on 07-Oct-2020 and a 52 week low of Rs. 170.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 612.00 and Rs. 554.60 respectively. The current market cap of the company is Rs. 1654.16 crore.

The promoters holding in the company stood at 67.59%, while Institutions and Non-Institutions held 7.69% and 24.72% respectively.

Nucleus Software Exports has launched end-to-end digital solution to help banks increase corporate supply chain resiliency in the Covid-19 world. The latest version of Nucleus Software’s transaction banking solution FinnAxia 7.5 helps banks improve the stability of corporate supply chains and reduce disruptions in these uncertain times. The solution supports the 4 corner model (two-bank interoperable), 3 corner model (single-bank closed) and the point model of financing which allows large banks to extend their SCF services to SMEs by partnering with local banks – who are often best placed to assess the performance risks of locals SMEs.

To further improve resiliency, FinnAxia 7.5 comes with sophisticated loan lifecycle management, invoice management and delivery order capture for risk mitigation. The solution also introduces an AI based enquiry chatbot to resolve supplier queries in real time ensuring a more collaborative ecosystem.

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 corporate banking, cash management, internet banking and credit cards.

Related Nucleus Software Exports Ltd. Links:

Nucleus Software Exp Share Price

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