Accelya Solutions India Ltd.

BSE: 532268 | NSE: ACCELYA
Small Cap | IT - Software
1310.00
-2.30 (-0.18%)
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Accelya Kale climbs as Thai Airways chooses its passenger revenue accounting solutions

Date: 09-01-2013

Accelya Kale Solutions is currently trading at Rs. 372.00, up by 11.30 points or 3.13% from its previous closing of Rs. 360.70 on the BSE.

The scrip opened at Rs. 356.60 and has touched a high and low of Rs. 376.45 and Rs. 356.60 respectively. So far 3,118 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 407.95 and a 52 week low of Rs. 113.70.

The current market cap of the company is Rs. 590.00 crore.

The promoters holding in the company stood at 74.66% while Institutions and Non-Institutions held 0.16% and 25.18% respectively.

Accelya Kale Solutions’ (formerly known as Kale Consultants) - passenger revenue accounting solution - REVERA PRA, has been chosen by Thai Airways, the national carrier of the Kingdom of Thailand to streamline its passenger revenue accounting process. The solution has been provided on a hosted basis.

REVERA PRA will enable Thai Airways to streamline their passenger revenue accounting processes, minimize processing errors and maximize productivity through automation, report accurate, timely and complete revenue accounting data, speed up industry compliance including IATA’s simplified interline settlement (SIS), access accurate, up-to-date and in-depth revenue accounting information to support business goals and decision making, interface revenue accounting information with SAP and other internal systems and reduce cost of operations with transaction based pricing model.

Accelya Kale Solutions, part of the Accelya Group, is a leading solutions provider to the global airline and travel industry. Committed to innovation and excellence, it delivers world-class software products, technology, managed process, hosting and consulting services.