172.0700 -2.45 (-1.40%)
NSE Apr 17, 2025 15:31 PM
Volume: 13,753
 

172.07
-1.40%
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 50 day SMA of 176.7
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