Shares of Nuclear Software Exports were up over 1% at Rs 206 on the Bombay Stock Exchange after the company announced the Australian release of its mobile loan self-sourcing solution - mApply at the Australian Retail Banking Summit 2016.
mApply enables the bank's customers and mortgage brokers to view pre-approved loan offers from the bank, select the best offer and submit a paperless loan application within minutes, the company said in a release.
With more and more Australians less likely to visit a bank branch in the future, providing access to loan services over mobile has become a priority, the release added.
The stock opened at Rs 205 and touched a high of Rs 208. At 12:25pm, over 22,000 shares were traded on both the stock exchanges.