Nucleus Software Exports trades jubilantly as its FinnOne Neo to transform PVcomBank’s retail lending
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Nucleus Software Exports is currently trading at Rs. 444.65, up by 35.75 points or 8.74% from its previous closing of Rs. 408.90 on the BSE.
The scrip opened at Rs. 406.50 and has touched a high and low of Rs. 450.55 and Rs. 406.50 respectively. So far 12684 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 717.00 on 19-Jul-2021 and a 52 week low of Rs. 355.10 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 450.55 and Rs. 391.20 respectively. The current market cap of the company is Rs. 1183.38 crore.
The promoters holding in the company stood at 73.28%, while Institutions and Non-Institutions held 2.87% and 23.85% respectively.
Nucleus Software Exports and CMC-TS have entered into an agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) to digitally transform the bank’s lending origination operations. With Nucleus Software’s lending platform FinnOne Neo, PVcomBank plans to launch innovative products and services in the market with great speed. Through this partnership, PVcomBank is expecting to double its consumer loans within the next 4 to 5 years.
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.
