Meanwhile, the BSE Sensex was down 181.55 points, or 1%, to 17,896.95.

On BSE, 2.55 lakh shares were traded in the counter as against an average daily volume of 3,973 shares in the past one quarter.

The stock hit a high of Rs 2,602 and a low of Rs 2,238 so far during the day. The stock had hit a 52-week low of Rs 1,699 on 22 August 2011.

The stock had outperformed the market over the past one month until 23 February 2012, rising 14.33% compared with the Sensex's 7.92% rise. The scrip had, however, underperformed the market in past one quarter, gaining 12.31% as against 15.15% rise in the Sensex.

The large-cap financial software maker has an equity capital of Rs 41.97 crore. Face value per share is Rs 5.

Foreign promoter, Oracle Global (Mauritius) holds 80.39% in Oracle Financial Services Software (as on 31 December 2011).

In 2010, the government made it mandatory for all listed companies to have a minimum 25% public holding. Listed companies with less than 25% public holding are required to reach the stipulated level by enhancing their public holding by a minimum 5% every year. The deadline for companies to achieve the stated level of public holding is June 2013.

On a consolidated basis, Oracle Financial Services Software's net profit rose 45.19% to Rs 302.97 crore on 7.90% increase in net sales to Rs 815.92 crore in Q3 December 2011 over Q2 September 2011.

Oracle Financial Services Software, a majority-owned subsidiary of Oracle, offers a comprehensive suite of offerings encompassing retail, corporate, and investment banking, funds, cash management, trade, treasury, payments, lending, private wealth management, asset management, compliance, enterprise risk and business analytics, among others.