JM Financial surges on collaborating with Google Cloud
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JM Financial is currently trading at Rs. 60.23, up by 0.17 points or 0.28% from its previous closing of Rs. 60.06 on the BSE.
The scrip opened at Rs. 60.06 and has touched a high and low of Rs. 61.19 and Rs. 60.06 respectively. So far 77549 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.60 on 14-Dec-2022 and a 52 week low of Rs. 56.95 on 16-Jun-2022.
Last one week high and low of the scrip stood at Rs. 62.87 and Rs. 59.85 respectively. The current market cap of the company is Rs. 5773.70 crore.
The promoters holding in the company stood at 56.49%, while Institutions and Non-Institutions held 28.70% and 14.81% respectively.
JM Financial and Google Cloud have entered into a strategic collaboration to help JM Financial build its retail digital customer base and improve its digital customer experience strategy. JM is building a new technology platform, blinkX, that works on Google Cloud as the primary backbone of its infrastructure and analytics capabilities. This new platform, blinkX, will help JM Financial offer a wide range of products and services to digital retail consumers.
blinkX will leverage Google Cloud's data and analytics capabilities, which will help them to better understand its customers and deliver personalized experiences and help reduce customer churn and increase customer engagement.
JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.
