Majesco shows major jump in volumes

Majesco has shown an extraordinary 9 times surge in volumes today morning and the stock price rose over 12% to an intra day high at Rs.386.95. Its 52-week high and low stands at Rs.650 and Rs.331 respectively.

Yesterday, very late in the evening, the company announced that Majesco, USA, (Majesco) the Insurance arm and a subsidiary of Majesco Limited, has launched two new solutions, Majesco Enterprise Data Model and Majesco Enterprise Data Warehouse.

These solutions along with Majesco Data Services and Majesco Business Analytics, provide a framework and assets to create a path for insurers to accelerate their data mastery maturity to achieve
business differentiation and optimization through data.

The market is simply thrilled that there is a new launch and this is good news.