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R S Software jumps as board to consider stock-split

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Capital Market

R S Software India jumped 8.49% to Rs 688.40 at 13:39 IST on BSE after the company said its board of directors will meet on 7 November 2014, to consider stock-split.

Meanwhile, the S&P BSE Sensex was up 54.77 points or 0.2% at 26,807.67.

On BSE, so far 3.97 lakh shares were traded in the counter as against average daily volume of 1.57 lakh shares in the past one quarter.

The stock hit a high of Rs 698 and a low of Rs 604 so far during the day. The stock had hit a record high of Rs 830 on 23 September 2014. The stock had hit a 52-week low of Rs 140 on 13 November 2013.

 

The stock had underperformed the market over the past one month till 27 October 2014, declining 11.97% as compared with Sensex's 0.48% rise. The scrip had, however, outperformed the market in the past one quarter, advancing 66.68% as compared to the Sensex's 2.4% rise.

The small-cap company has equity capital of Rs 12.80 crore. Face value per share is Rs 10.

On consolidated basis, R S Software India's net profit rose 5.05% to Rs 16.62 crore on 0.86% growth in net sales to Rs 16.62 crore in Q2 September 2014 over Q1 June 2014.

R S Software India is a leading software solutions provider for electronic payments industry.

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First Published: Oct 28 2014 | 1:37 PM IST

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