Ebix Ltd Shares Hit Upper Circuit; Company Completes Transformation into Global Technology-Led Enterprise
Shares of Ebix Ltd hit the upper circuit on Tuesday, rising to an intraday high of ₹22 per share. The stock has traded between a 52-week hig...
Shares of Ebix Ltd hit the upper circuit on Tuesday, rising to an intraday high of ₹22 per share. The stock has traded between a 52-week high of ₹49.40 and a 52-week low of ₹16, while the company currently commands a market capitalisation of around ₹472 crore.
Eraaya Lifespaces Changes Name to Ebix Ltd
In a key corporate development, Eraaya Lifespaces Limited has formally changed its name to Ebix Limited after receiving all requisite approvals from the Ministry of Corporate Affairs.
The name change marks a significant milestone in the company’s transformation following its acquisition of Ebix Inc. and its global subsidiaries. According to the company, the new corporate identity is intended to reflect the scale, character and international reach of its operations while creating a unified brand across its global businesses.