Nucleus Software Exports Ltd.

Nucleus Software Exports is currently trading at Rs. 314.05, up by 30.05 points or 10.58% from its previous closing of Rs. 284.00 on the BSE.

The scrip opened at Rs. 310.10 and has touched a high and low of Rs. 329.50 and Rs. 310.00 respectively. So far 244594 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 329.50 on 26-Apr-2017 and a 52 week low of Rs. 171.00 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 329.50 and Rs. 258.85 respectively. The current market cap of the company is Rs. 1009.24 crore.

The promoters holding in the company stood at 60.62%, while institutions and non-institutions held 9.89% and 29.48% respectively.

Nucleus Software Exports has received its board’s approval for buyback of shares at a price not exceeding Rs 350 per share via tender offer. The promoters/promoter groups of the company do not intend to participate in the proposed buyback.

Meanwhile, the company reported a healthy 578.6% year-on-year (YoY) growth in its consolidated net profit at Rs 22.26 crore for the fourth quarter ended March 31, 2017 (Q4FY17). Total income from operations grew marginally by 1% at Rs 93.69 crore against Rs 92.73 crore in the corresponding quarter of previous fiscal.