Majesco surges on planning to unveil new logo, vision for destiny of insurance

Majesco surges on planning to unveil new logo, vision for destiny of insurance

by admin- Wednesday, April 10th, 2019 03:59:12 PM

Majesco is currently trading at Rs. 508.00, up by way of five.40 factors or 1.07% from its previous remaining of Rs. 502.60 at the BSE.

The scrip opened at Rs. 498.90 and has touched a high and coffee of Rs. 508.00 and Rs. 498.90 respectively. So a long way 59 shares were traded at the counter.

The BSE organization ‘B’ stock of face cost Rs. Five has touched a fifty two week excessive of Rs. 581.00 on 30-Apr-2018 and a fifty two week low of Rs. 401.10 on 19-Jul-2018.

Last one week excessive and occasional of the scrip stood at Rs. 519.70 and Rs. 481.00 respectively. The modern marketplace cap of the business enterprise is Rs. 1439.Ninety five crore.

The promoters retaining within the organization stood at 39.Sixteen%, while Institutions and Non-Institutions held 20.81% and forty.03% respectively.

Majesco has deliberate to unveil its new logo and vision for the future of coverage at Convergence 2019, the organization’s international consumer conference. Over the last nine months on my own, the employer improved its sales by way of more than 14%, as stated in its 0.33 sector monetary effects. This was driven normally by using the growing success of its cloud method, with a 51% boom in cloud sales yr over yr for the region, representing nearly forty% of the corporation’s general revenue.

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