India's Nucleus Software hits 7-mth high on Q3 profit surge

Nucleus Software Exports

14/02/2023 08:56

** Shares of Nucleus Software Exports  NSEL.NS  rise as much
as 18.37% to a seven-month high of 476.8 rupees
    ** The IT firm reports nearly five-fold increase in Q3
consolidated net profit
    ** Core profit surges nine-fold, while core profit margin
expands to 28.33% from 4.56% a yr-ago
    ** About 261,091 shares change hands as of 2:21 p.m. IST, 10
times the 30-day avg of 26,367 shares -Refinitiv data
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))