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Majesco gains on unveiling new partner selfserve capabilities to Majesco Digital1 EcoExchange

  • bitnet infotech
  • June 10, 2020
  • 5:58 am

Majesco is currently trading at Rs. 366.50, up by 0.95 points or 0.26% from its previous closing of Rs. 365.55 on the BSE.

The scrip opened at Rs. 370.15 and has touched a high and low of Rs. 370.15 and Rs. 363.05 respectively. So far 291 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 588.40 on 15-Jul-2019 and a 52 week low of Rs. 170.55 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 380.40 and Rs. 343.35 respectively. The current market cap of the company is Rs. 1054.59 crore.

The promoters holding in the company stood at 38.25 % while Institutions and Non-Institutions held 23.46 % and 38.29 % respectively.

Majesco has expanded new partner apps and unveiled new partner selfserve capabilities to Majesco Digital1 EcoExchange, a curated live service hub of Majesco Digital1 Insurance platform. These enhancements will help insurers further evolve and accelerate their digital transformation as well as rapidly expand Majesco partners and their services available on Digital1 EcoExchange as plugnplay app.

This update emphasizes company’s continued investment in the Ecosystem and Platform strategy that enable insurers to create personalized and compelling digital experiences for its customers and agents by leveraging innovative capabilities and data sources offered by a growing diverse community of partners.

Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.

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