Majesco Ltd Slides 4.9%, S&P BSE IT Sector index Shed 2.57%

Majesco Ltd has lost 1.68% over last one month compared to 6.96% gain in S&P BSE IT Sector index and 2.87% rise in the SENSEX

Majesco Ltd fell 4.9% today to trade at Rs 272. The S&P BSE IT Sector index is down 2.57% to quote at 13542.71. The index is up 6.96 % over last one month. Among the other constituents of the index, Infosys Ltd decreased 3.91% and Newgen Software Technologies Ltd lost 3.07% on the day. The S&P BSE IT Sector index went down 11.76 % over last one year compared to the 14.94% fall in benchmark SENSEX.

Majesco Ltd has lost 1.68% over last one month compared to 6.96% gain in S&P BSE IT Sector index and 2.87% rise in the SENSEX. On the BSE, 60 shares were traded in the counter so far compared with average daily volumes of 602 shares in the past one month. The stock hit a record high of Rs 588.4 on 15 Jul 2019. The stock hit a 52-week low of Rs 170.55 on 24 Mar 2020.

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