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Ebix Technologies launches Maharashtra's first statewide NCMC contract

after close1 source ↓written by the desknot a recommendation

in the first
70 lakh cards
under MSRTC
50 passenger categories
to ₹23.74 following
2.6%

Ebix Technologies, a subsidiary of Eraaya Lifespaces, has launched India's first statewide NCMC smartcard programme in Maharashtra, targeting 70 lakh cards in the first year. This initiative, backed by the state government, aims to facilitate digital mobility for over 50 passenger categories under MSRTC. Shares of Eraaya Lifespaces rose 2.6% to ₹23.74 following the announcement.

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OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Apr 2026, 17:36 IST.

Sourcesnews.google.com

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