Majesco has risen after posting its first quarterly profit. Majesco Ltd rose as much as 2.75 per cent, posting its biggest intraday per cent gain since January 29.
The IT products and services company reported its first quarterly profit on Tuesday.
Rival Sasken Communication is down 4 per cent.
Majesco's Q3 profit came in after adjusting for tax credits of Rs 1.06 crore ($155,362).
The stock had lost 11.52 per cent this year as of Tuesday's close ($1 = 68.2275 Indian rupees)
At 11.07 am it was up 1.05 per cent at Rs 575 on the BSE on Wednesday.