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Nucleus Software trades in green on the BSE

Nucleus Software Exports is currently trading at Rs. 305.55, up by 2.70 points or 0.89% from its previous closing of Rs. 302.85 on the BSE.

The scrip opened at Rs. 303.50 and has touched a high and low of Rs. 305.55 and Rs. 303.50 respectively.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 397.80 on 26-Apr-2019 and a 52 week low of Rs. 286.15 on 30-Jul-2019.

Last one week high and low of the scrip stood at Rs. 307.35 and Rs. 297.80 respectively. The current market cap of the company is Rs. 887.34 crore.

The promoters holding in the company stood at 67.59%, while Institutions and Non-Institutions held 9.46% and 22.95% respectively.

Nucleus Software Exports has won the ‘Best Lending Implementation’ award for the project at Roha Housing Finance in the IBS Intelligence FinTech Innovation awards 2019. The award recognized the rapid, 4 month implementation of Nucleus FinnOne Neo Cloud at Roha Housing Finance, which was designed to support Roha’s strategy of delivering a digital-first approach for all its customer offerings. As a result of the solution’s sophisticated end-to-end digital capabilities Roha is able to complete credit assessment and provide approvals for housing loans in less than 2 hours. This represents a 97% reduction when compared to the industry average of 3 days.

Nucleus Software Exports is a leading provider of software solutions to the Banking, Financial Services Industry (BFSI). It has developed solutions spanning from retail banking to corporate banking, cash management, internet banking and credit cards.

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