Nucleus Software presently trades at Rs 53.05, up by 2 points or 3.92% from its previous closing of Rs 51.05 on the BSE. The stock opened in the green at Rs 53 and has touched a high of Rs 54.40 and a low of Rs 52. So far, 28,757 shares were traded on the BSE.

The group stock touched a 52 week high of Rs 405 and a 52 week low of Rs 43.

The leading global provider of integrated software products for banks and financial institutions Nucleus Software Exports has bagged an order form one of the leading financial institutions of U.A.E – National Bank of Umm Al Qaiwain.

The pact is to provide the bank with a comprehensive, powerful, and flexible system to support their loan origination process and help in delinquency management by using the company’s flagship internationally proven product solution – FinnOne.

FinnOne is a powerhouse of seamlessly integrated applications, designed to provide operational support, risk management and decision-making support to banks and financial services companies

This would lessen the turnaround time and will efficiently filter out the bad debts to increase profitability and create a differentiated customer experience.