Nucleus Software Exports Ltd.

Nucleus Software Exports is currently trading at Rs. 301.95, up by 1.75 points or 0.58% from its previous closing of Rs. 300.20 on the BSE.

The scrip opened at Rs. 301.45 and has touched a high and low of Rs. 309.10 and Rs. 299.50 respectively. So far 1147 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 343.90 on 22-May-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. 322.00 and Rs. 292.75 respectively. The current market cap of the company is Rs. 983.17 crore.

The promoters holding in the company stood at 60.62%, while institutions and non-institutions held 11.33% and 28.05% respectively.

Nucleus Software Exports has been chosen by Finova Capital, a Jaipur-based Non-Banking Financial Company (NBFC) to power its business growth. Finova Capital has selected FinnOne Neo Cloud, the award winning loan life cycle management solution to digitize its lending business. Finova Capital has chosen Nucleus Software’s FinnOne Neo Cloud to set up a completely automated and paperless loan processing capability. The company aims to provide simpler and faster credit decision making as a key differentiator.

FinnOne Neo Cloud will make Finova’s operations more agile, scalable and cost efficient. The company will be able to reduce their time-to-market and offer customer centric loan services across multiple channels. Finova will also implement Nucleus mobile lending solution - mCAS. It will help them to perform paperless data sourcing, check application statuses, and submit field investigation responses.

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.