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Ace Software Exports is currently trading at its upper limit of Rs. 226.25, up by 4.40 points or 1.98% from its previous closing of Rs. 221.85 on the BSE.

The scrip opened at Rs. 226.25 and has touched a high and low of Rs. 226.25 and Rs. 226.25 respectively. So far 4554 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 226.25 on 06-Jun-2024 and a 52 week low of Rs. 17.40 on 21-Jul-2023.

Last one week high and low of the scrip stood at Rs. 226.25 and Rs. 209.00 respectively. The current market cap of the company is Rs. 144.80 crore.

The promoters holding in the company stood at 74.96%, while Non-Institutions held 25.04% stake in the company.

Ace Software Exports has received approval for Incorporation of a wholly owned subsidiary of the Company under the name ‘AQE Techtools’ or any other name as may be decided by the management of the Company and as approved by the statutory authorities. 

The AQE Techtools to be incorporated as wholly owned subsidiary of the Company in India, will be carrying the business of development of cutting-edge digital products, including software, web, mobile, and SaaS-based solutions. It will primarily focus on serving the engineering, manufacturing, retail, and healthcare sectors. Leveraging next-generation technologies (such as AI/ML, Data Analytics, Industry automation, and more), the proposed company will aim to deliver high-quality, scalable solutions that optimize operational efficiency and foster significant business growth. The Board of Directors of the Company at its meeting held on June 05, 2024, has approved the same. 

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 organization