Ace Software Exports soars on incorporating wholly owned subsidiary in Dubai
Ace Software Exports is currently trading at Rs. 332.00, up by 13.65 points or 4.29% from its previous closing of Rs. 318.35 on the BSE.
The scrip opened at Rs. 308.80 and has touched a high and low of Rs. 338.65 and Rs. 308.80 respectively. So far 48568 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 354.95 on 10-Feb-2025 and a 52 week low of Rs. 203.80 on 16-May-2025.
Last one week high and low of the scrip stood at Rs. 338.65 and Rs. 290.55 respectively. The current market cap of the company is Rs. 427.66 crore.
The promoters holding in the company stood at 68.21%, while non-institutions held 31.79% stake in the company.
Ace Software Exports has incorporated wholly owned subsidiary by name ‘QeDigital Gulf Software Services FZCO’, on September 11, 2025 as a Free Zone Company in Dubai, United Arab Emirates. The company will engage in software development, IT services, and technology consulting, offering digital transformation and enterprise solutions to global clients, with a focus on the Middle East and surrounding regions.
Ace Software Exports is mainly engaged in the business of creation of Database. The company has been active in catering to the outsourcing needs of publishers and other organizations.
