Nucleus Software Exports Ltd.

BSE: 531209 | NSE: NUCLEUS
Small Cap | IT - Software
909.45
-3.25 (-0.36%)
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Nucleus Software surges on delivering ‘PaySe Digital Cash’ in three new form factors

Date: 05-01-2017

Nucleus Software is currently trading at Rs. 293.00, up by 20.75 points or 7.62% from its previous closing of Rs. 272.25 on the BSE.

The scrip opened at Rs. 281.10 and has touched a high and low of Rs. 299.85 and Rs. 281.10 respectively. So far 1,98,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 303.30 on 09-Dec-2016 and a 52 week low of Rs. 145.20 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 299.85 and Rs. 250.00 respectively. The current market cap of the company is Rs. 948.84 crore.

The promoters holding in the company stood at 60.62%, while Institutions and Non-Institutions held 9.23% and 30.15% respectively.

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, has delivered PauSe Digital Cash in three new forms. The company has introduced its PaySe Digital Cash solution in smart watch, band and micro SD card.

By increasing the form factors supported, beyond the original hardware wallet and Near Field Communication (NFC) card, PaySe has now opened a range of new use cases for digital cash. PaySe, a revolutionary Patent-Pending, secure peer-to-peer offline payment platform, is designed to disrupt the card payment market. Traditional card-based payments are based on a hub and spoke methodology and hence are focused mostly on the connected and banked population of the world.

Nucleus Software Exports 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.