Archive · 6 Sep 2025
Eraaya Lifespaces Shares Rise After Commercial Mandate Announcement
Imagine a company, Eraaya Lifespaces, that started with very cheap shares.
Now, it's worth much more!
They have a part of their business, Ebix Technologies, which got a big deal from an Australian insurance company called GT Insurance.
This deal is to make things easier for brokers, like digitizing their services.
The company's stock price went up a little bit after this announcement.
Over the last five years, the stock has gone up significantly, but it has lost value in the last year and year-to-date.
Eraaya Lifespaces' subsidiary, Ebix Technologies, secured a commercial mandate from GT Insurance.
The mandate aims to digitize offerings and expand the Australian broker ecosystem.
Eraaya Lifespaces shares closed at ₹46.18 on Friday.
The company's shares have lost value in the last year and year-to-date.
Shares split from ₹10 to Re 1 on December 6, 2024.
- Who
- Eraaya Lifespaces and its subsidiary Ebix Technologies
- What
- Ebix Technologies secured a commercial mandate from GT Insurance.
- When
- Friday, September 5, 2025
- Where
- Australia
- Why
- To digitize offerings and expand the Australian broker ecosystem.
- Stock Price (Friday Close)
- ₹46.18
- Market Cap
- ₹880.63 crore
- 52-Week High
- ₹316.90 (October 7, 2024)
- 52-Week Low
- ₹39.99 (August 14, 2025)
- Share Split
- ₹10 to Re 1 (December 6, 2024)