Majesco is currently trading at Rs. 459.60, up by 2.85 points or 0.Sixty two% from its previous last of Rs. 456.Seventy five on the BSE.

The scrip opened at Rs. 462.60 and has touched a high and low of Rs. 465.00 and Rs. 459.60 respectively. So a long way 185 stocks had been traded on the counter.

The BSE organization ‘B’ stock of face price Rs. 5 has touched a fifty two week excessive of Rs. 603.95 on 24-Jan-2018 and a fifty two week low of Rs. 401.10 on 19-Jul-2018.

Last one week high and occasional of the scrip stood at Rs. 479.Forty and Rs. 431.00 respectively. The present day market cap of the agency is Rs. 1300.19 crore.

The promoters protecting in the corporation stood at 39.55%, whilst Institutions and Non-Institutions held 20.Sixty three% and 39.Eighty two% respectively.

Majesco has filed a registration assertion regarding a rights supplying to all shareholders in which it expects its figure company will make investments an expected $35 million that it raised thru a Qualified Institutional Placement in India in February 2018.

The finances could be used to help three strategic regions of Bolster Majesco’s Balance Sheet to Fund Future Acquisition Opportunities, Strengthen L&A EMEA Presence to Leverage Growing Market Opportunity and invest in Business Platform to Accelerate and Support Growth. The corporation intends to use this capital to fund the the rest of the Exaxe acquisition, repay debt, and boost up cloud growth, which includes extra acquisition opportunities.