New order helps Nucleus Software trade in the green

Nucleus Software is trading in the green on the BSE after the company announced that it has bagged 14th order from Africa.

The scrip is currently trading at Rs 115.30 per share, up 0.75 points or 0.65% on the BSE.

The stock opened at Rs 113.90 as compared to its previous close of Rs 114.55. Intraday, the counter touched a high and a low of Rs 117.80 and Rs 113.35, respectively.

So far, 83,892 shares of the company were traded on the BSE.

The stock touched its 52-week high of Rs 140 on September 24, 2008 and a 52-week low of Rs 39.50 on March 12, 2009.

The stock has dropped 3.51% since past one week, but gained 1.32% since past one month.

Nucleus Software Exports (Nucleus) has announced that it has bagged 14th order from Africa.

Zambia National Commercial Bank (Zanaco) has selected FinnOne, the flagship product of Nucleus for the banking and financial services industry.

The order is for four modules of FinnOne – Corporate Customer Acquisition System (CCAS), Retail Customer Acquisition System (RCAS), Loan Management System (LMS) and Collections, which will be implemented at the bank’s data centre for access to all its branches.

The solution will technologically power the operations, credit and collection division across all branches for the lending and leasing operations of the African bank.

It will help Zanaco automate application processes and create a differentiated customer experience through unique offerings like online application processing and credit scoring.

Recently, Nucleus had received a core banking order for its FinnOne product from Philippines-based Malayan Bank.