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

193.85
-2.75%
ICICI Securities Limited
The current quarter was marred by multiple headwinds in terms of Brexit related issues in Europe, which led to a decline of 30.7% in revenues from Europe. Further, cloud implementation took a hit due to the IBM-Met life deal, which is about to go live in the coming quarters. The same is reflected in decline in top five clients, which dipped 26.4% QoQ. The silver lining was cloud subscription revenues which increased 19.3% QoQ and the order book remains healthy which grew 1.7% QoQ (up 33.1% YoY). We expect cloud subscription revenues to further improve post the go live of IBMMetLife deal. Majesco has also entered into a partnership with Capgemini,...
Aurum Proptech Ltd. is trading below its 150 day SMA of 200.2
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