193.8500 -5.49 (-2.75%)
NSE Jun 06, 2025 15:31 PM
Volume: 52,881
 

193.85
-2.75%
ICICI Securities Limited
The company has witnessed decline of 4.9% and 20.6% QoQ in cloud subscription and cloud implementation mainly due to completion of IBMMetLife project. The IBM-MetLife deal is expected to go live probably in the middle of Q2FY20E. Once it gets live, the company will receive minimum subscription revenues that will replace some portion of decline in could revenues. In addition, the company is also winning new logos in the cloud that will help boost cloud revenues. Majesco has also entered into a partnership with Capgemini to bring in insurance innovation and business transformation to the life & annuity (L&A;) business and tap the opportunity...
Aurum Proptech Ltd. is trading above its 100 day SMA of 188.3
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