Unum has selected Mastek's Elixir platform as the core administration platform for their Group Protection business in the UK, the company said in a release.
Unum will implement Elixir across its Group Protection business in order to create and adapt products more quickly, the release added.
The stock opened at Rs 277 and touched a high of Rs 282. At 10AM, over 210,000 shares were traded on both the stock exchanges.
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