Unifi Wealth Management purchases stake in Majesco

Unifi Wealth has purchased 2.06 lakh equity shares of Majesco at INR 779.05 per each share.
At 2.47 PM IST, the share of Majesco was exchanging at Rs 811.60 on Bombay Stock Exchange, up by 4.31 per cent. The stock has recuperated by 357.51 per cent from its sharp decay of March 2020 and today, made another 52-week high of Rs 816.
The net benefit of Majesco fell by 4.8 per cent to Rs 11.44 crore in the first quarter of FY21 as against Rs 12.02 crore during the first quarter of FY20. Its business rose 20.09 per cent to Rs 311 crore in the first quarter of FY21 as against Rs 258.98 crore during the first quarter of FY20.
Majesco gives authority, innovation, and aptitude that help safety net providers advance, modernize, and interface with assembling the eventual fate of their business just as of protection at speed and scale.

It has given returns of 123.73 per cent, 244.02 per cent, and 94.01 per cent for three months, a half year, and one year, separately. As per BSE information, the stock exchanged at a P/E multiple of 212.21 and a price-to-book proportion of 3.98.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


The maximum upload file size: 512 MB. You can upload: image, audio, video, document, spreadsheet, interactive, text, archive, code, other. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop file here