Alldigi Tech moves up on entering into strategic collaboration with LuLu Financial Holdings
Alldigi Tech is currently trading at Rs. 995.15, up by 7.20 points or 0.73% from its previous closing of Rs. 987.95 on the BSE.
The scrip opened at Rs. 970.00 and has touched a high and low of Rs. 995.15 and Rs. 970.00 respectively. So far 216 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1250.00 on 02-Jul-2024 and a 52 week low of Rs. 691.35 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 995.15 and Rs. 905.65 respectively. The current market cap of the company is Rs. 1499.53 crore.
The promoters holding in the company stood at 73.39%, while Institutions and Non-Institutions held 1.41% and 25.20% respectively.
Alldigi Tech has entered into a strategic collaboration with LuLu Financial Holdings, a UAE-based global financial services conglomerate. This partnership aims to redefine payroll and HRMS services in the MEA region by delivering integrated, technology-driven solutions tailored to the diverse needs of LuLuFin’s extensive customer base.
This collaboration will enable LuLuFin to elevate payroll and HR management for its clients through the integration of Alldigi Tech’s advanced payroll platform and HRMS capabilities. By simplifying salary calculations, generating accurate disbursement reports, and integrating seamlessly with LuLuFin’s offerings, the solution provides businesses with a comprehensive and hassle-free experience. By reducing manual effort, minimizing errors, ensuring compliance with local payroll regulations and streamlining HR processes, it not only saves time but also allows businesses to focus on growth and delivering value to their employees.
Alldigi Tech (formerly Allsec Technologies) has been a trusted leader in customer and employee experience management for over 24 years. Backed by Quess Corp and Fairfax Holdings, the company provides comprehensive payroll and HR management solutions globally, serving 400 clients including Fortune 100 companies, across 42 countries.
