Digispice Technologies surges as its arm partners with Axis Bank
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Digispice Technologies is currently trading at Rs. 25.15, up by 0.85 points or 3.50% from its previous closing of Rs. 24.30 on the BSE.
The scrip opened at Rs. 24.15 and has touched a high and low of Rs. 25.35 and Rs. 24.15 respectively. So far 4899 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 3 has touched a 52 week high of Rs. 52.70 on 30-Dec-2021 and a 52 week low of Rs. 22.20 on 05-Dec-2022.
Last one week high and low of the scrip stood at Rs. 25.35 and Rs. 22.20 respectively. The current market cap of the company is Rs. 578.85 crore.
The promoters holding in the company stood at 73.19%, while Institutions and Non-Institutions held 0.02% and 26.79% respectively.
Digispice Technologies’ subsidiary company -- Spice Money has partnered with Axis Bank to facilitate opening of instant, zero balance savings or current accounts for rural citizens through its Adhikari network.
Through this association, Spice Money aims to bridge the rural-urban divide and bring financial inclusivity by providing access to banking products to the last mile at their doorstep, thereby financially empowering thousands of rural citizens living in the hinterlands of India.
Digispice Technologies is primarily engaged into the Information and Communication Technology business providing Value Added Services, and Mobile Content services to the domestic/international Telecom Operators. Also, the company undertakes development and sale of telecom related software.
