Shares of Nucleus Software Exports are soaring. Know why
Advertisement
Advertisement
Advertisement
Nucleus' banking software Finn One will now be available on Microsoft's Azure Cloud software, the company said in a statement to the exchanges. The move will allow Nucleus' customers to cut costs and response time, the statement added.
As a consequence, Nucleus Software gained 34.20 rupees, or 13.4 percent, to 289.70 rupees on the National Stock Exchange where 6 lakh shares were traded compared with a 5-day average of 1.08 lakh shares.
Nucleus has seen its market capitalisation surge 65 percent to 820 crore rupees in one year as investors preferred small cap software companies over their larger peers.
Image credit: Indiatimes
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit