Majesco is presently trading at Rs. 505.00, up via 11.55 factors or 2.34% from its preceding closing of Rs. 493.45 on the BSE.

The scrip opened at Rs. 495.00 and has touched a excessive and coffee of Rs. 505.05 and Rs. 495.00 respectively.

The BSE group ‘B’ inventory of face fee Rs. 5 has touched a fifty two week excessive of Rs. 581.00 on 30-Apr-2018 and a 52 week low of Rs. 401.10 on 19-Jul-2018.

Last one week excessive and low of the scrip stood at Rs. 522.00 and Rs. 477.55 respectively. The contemporary marketplace cap of the business enterprise is Rs. 1398.Seventy one crore.

The promoters preserving within the company stood at 39.16%, at the same time as Institutions and Non-Institutions held 20.Eighty one% and forty.03% respectively.

Majesco has received approval to sell, switch and dispose of, as a going challenge and on a stoop sale foundation, the Company’s India Insurance Products & Services Business, together with the use of all the licences, lets in, sees eye to eye and approvals whatsoever, and all associated belongings (with the exception of immovable belongings) and liabilities relating India Insurance Products & Services Business collectively with personnel, to Majesco Software and Solutions India (MSSIPL), a step-down subsidiary of the Company, for a lump sum consideration of around Rs 24.37 crore. The Board of Directors of the Company at its meeting held on March 16, 2019 authorised the equal.