Birlasoft Ltd.

BSE: 532400 | NSE: BSOFT
Small Cap | IT - Software
425.20
-7.90 (-1.82%)
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Birlasoft gains on entering into strategic partnership with Namaste Credit

Date: 12-11-2020

Birlasoft is currently trading at Rs. 179.45, up by 0.60 points or 0.34% from its previous closing of Rs. 178.85 on the BSE.

The scrip opened at Rs. 179.90 and has touched a high and low of Rs. 182.00 and Rs. 178.80 respectively. So far 40503 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 210.55 on 05-Oct-2020 and a 52 week low of Rs. 47.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 186.00 and Rs. 175.00 respectively. The current market cap of the company is Rs. 4982.54 crore.

The promoters holding in the company stood at 40.74%, while Institutions and Non-Institutions held 34.11% and 24.74% respectively.

Birlasoft has entered into a strategic partnership with Namaste Credit (Opendoors Fintech), a leading fintech that offers full stack Banking-as-a-Service solutions to banks and other financial institutions globally.

Birlasoft and Namaste Credit will work together to provide banks and non-bank lenders with a range of benefits in their small business and retail loan operations by leveraging Namaste Credit’s industry-leading AI and automation platform.

Birlasoft combines the power of domain, enterprise and digital technologies to reimagine business processes for customers and their ecosystem. The company’s consultative and design thinking approach makes societies more productive by helping customers run businesses.