Alldigi Tech is currently trading at RS. 995.15, marking an increase of 7.20 points (0.73%) from its previous close of RS. 987.95 on the BSE.

The stock opened at RS. 970.00 and has recorded a high of RS. 995.15 and a low of RS. 970.00 so far. A total of 216 shares have been traded on the counter.

The BSE Group ‘B’ stock, with a face value of RS. 10, has hit a 52-week high of RS. 1250.00 (on July 2, 2024) and a 52-week low of RS. 691.35 (on March 13, 2024). Over the past week, the stock has ranged between RS. 995.15 and RS. 905.65. The company’s current market capitalization stands at RS. 1499.53 crore.

Shareholding Structure:

• Promoters: 73.39%
• Institutions: 1.41%
• Non-Institutions: 25.20%

Strategic Collaboration with LuLu Financial Holdings

Alldigi Tech has partnered with UAE-based LuLu Financial Holdings, a global financial services conglomerate, to enhance payroll and HRMS (Human Resource Management System) solutions across the Middle East and Africa (MEA) region.

The collaboration will integrate Alldigi Tech’s advanced payroll platform and HRMS solutions into LuLuFin’s offerings, streamlining payroll management for businesses. The new system will simplify salary calculations, generate accurate reports, and ensure compliance with regional payroll regulations, helping businesses reduce manual work, minimize errors, and improve operational efficiency.

Alldigi Tech’s Market Position

Formerly known as Allsec Technologies, Alldigi Tech has over 24 years of experience in customer and employee experience management. The company, backed by Quess Corp and Fairfax Holdings, serves 400 clients across 42 countries, including Fortune 100 companies.

This strategic move is expected to strengthen Alldigi Tech’s foothold in the international payroll and HR solutions market.