The stock quoted a 52-week excessive of Rs 877.eight and a 52-week low of Rs 167.95.
Cloud software program options supplier Majesco on Thursday mentioned its board has authorized a buyback plan of as much as Rs 631.26 crore. The buyback can be performed via the tender supply route, the corporate mentioned.
Majesco Ltd., included within the yr 2013, is a Small Cap firm (having a market cap of Rs 2488.07 Crore) working in IT Software program sector.
For the quarter ended 30-09-2020, the corporate has reported a Consolidated gross sales of Rs 2.12 Crore, down 99.32 per cent from final quarter Gross sales of Rs 311 Crore and down 99.12 per cent from final yr similar quarter Gross sales of Rs 239.75 Crore. Firm has reported internet revenue after tax of Rs 2376.54 Crore in newest quarter.
Majesco Ltd. key Merchandise/Income Segments embrace Rental Earnings which contributed Rs 10.24 Crore to Gross sales Worth (100.00 per cent of Whole Gross sales) for the yr ending 31-Mar-2020.
Promoters held 24.63 per cent stake within the firm as of quarter ended 31st Sep 2020.
It quoted a price-to-earnings ratio of 1.38 and price to guide value of 1.05.