News > Majesco stock hits all-time high on board's nod to 19,480% dividend
Majesco stock hits all-time high on board's nod to 19,480% dividend
Business Today | 15/12/2020 11:49 PM | Click to read full article
Majesco share hit an all-time high today after the firm said its board had cleared the payment of interim dividend at Rs 974 per share or 19,480% compared to the face value of Rs 5. Share of Majesco opened with a gain of 4.66% at Rs 1,019 today, also a fresh all-time high. The share has gained 149.23% in one year.
Majesco is a provider of insurance software, consulting and services for the insurance industry.