Mumbai, February 16 (Udaipur Kiran): Ace Software Exports is currently trading at Rs. 232.00, up by 2.75 points or 1.20% from its previous closing of Rs. 229.25 on the BSE.
The scrip opened at Rs. 234.95 and has touched a high and low of Rs. 244.00 and Rs. 230.00 respectively. So far 2402 shares were traded on the counter.
The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 302.28 on 29-Oct-2025 and a 52 week low of Rs. 162.63 on 16-May-2025.
Last one week high and low of the scrip stood at Rs. 246.40 and Rs. 216.05 respectively. The current market cap of the company is Rs. 433.86 crore.
The promoters holding in the company stood at 61.68%, while Institutions and Non-Institutions held 0.60% and 37.72% respectively.
Ace Software Exports has entered into a binding term sheet for a strategic investment in MyUtilityGenius (MUG) and MyUtilityGenius Commercial (MUGC), UK-based companies operating in the energy technology and services sector. The proposed investment marks Ace Software’s strategic entry into a regulated, technology-led services sector undergoing structural transformation driven by digitization, regulatory evolution, and sustainability imperatives. The transaction aligns with the company’s long-term strategy of selective international expansion and portfolio diversification through scalable, data-centric platforms in developed markets.
Upon completion, the company will hold 40% of the fully diluted equity share capital (post-issue basis) in each target entity.
Ace Software Exports is mainly engaged in the business of creation of Database. The company has been active in catering to the outsourcing needs of publishers and other organizations.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
