Nucleus Software rallies 30% in 4 days; stock hits all-time high

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Shares of Nucleus Software Exports hit an all-time high of Rs 765.35 after rallying 9 per cent on the BSE in intra-day deal on Friday in an otherwise range-bound market on the back of heavy volumes. The stock surpassed its previous high of Rs 754, touched on October 7, 2020. The trading volumes on the counter jumped nearly three-fold with a combined 933,000 shares changing hands on the NSE and BSE. In comparison, the S&P BSE Sensex was down 0.07 per cent at 52,284 points, at 10:04 am.
The stock of the IT software products company has surged 30 per cent in the past four trading days after the company announced that FinnOne Neo will power the consumer finance business of Tien Phong Commercial Joint Stock Bank (TPBank), one of the leading banks in Vietnam. TPFico will offer instant digital loans anytime, anywhere, powered by the advanced digital lending platform FinnOne Neo.

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