Shares of Majesco hit the upper circuit as they traded ex-dividend on Wednesday, and closed nearly 5 per cent from the adjusted previous cl...

Shares of Majesco traded 0.24 per cent higher at Rs 978 on BSE. The stock goes ex-dividend today, December 23, 2020.

This interim dividend payout translates to an amount of Rs 2,788.4 crore on a shareholder base of 28.577 million shares.

The buyback represents 24.78 per cent of the total paid-up capital of the company.

Shares of Majesco Ltd. traded 3.76 per cent up in trade at 12:14PM on Friday.

The standalone financials for the period ended September 30, 2020 reflected gain on account of stake sale in Majesco US of Rs 3,234.3 crore...

Revenue of the company rose 6 per cent to Rs 5.81 crore during the period from Rs 5.48 crore during the same quarter last year.

According to the brokerage, Majesco’s growth will be led by products (42.2 per cent of revenue) while services (57.8 per cent of revenue) w...

Majesco being a product company, the brokerage does not anticipate the EBIT margin falling in FY21.

Majesco is a smallcap company, operating in information technology sector.

Buy Majesco at a price target of Rs 675.

Buy Majesco Ltd. at a price target of Rs 700.0 .

Buy Majesco Ltd. at a price target of Rs 653.

Buy Majesco Ltd. at a price target of Rs 730.

The scrip was trading 5.69 per cent up at Rs 361.45.

If Majesco succeeds in getting the approval, the combined entity will become a formidable player in the US mid-tier P&C market.

Mastek's stock ended 16.10% higher at Rs 272.25 on the BSE. During the day, it climbed 19.27% to Rs 279.70, its 52-week high.