RS Software zooms 18%; to announce Q4 results on April 23

RS Software has informed BSE that a meeting of the Board of Directors of the Company will be held on April 23, 2016, to consider and approve the financial results for the quarter as well as for the year ending March 31, 2016 and to consider the dividend for the financial year 2015-16, if any.

Apr 12, 2016 03:04 IST India Infoline News Service

RS Software zoomed 18.2% to Rs. 101.40 at the closing bell on Tuesday. The company has informed BSE that a meeting of the Board of Directors of the Company will be held on April 23, 2016, to consider and approve the financial results for the quarter as well as for the year ending March 31, 2016 and to consider the dividend for the financial year 2015-16, if any.

The company is selected as the technology provider to The National Payments Corporation of India (NPCI) for the United Payment Interface (UPI).

The scrip opened at Rs. 87.5 and has touched a high and low of Rs. 102.9 and Rs. 86 respectively. So far 5022745(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 220.32 crore.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 242.8 on 10-Apr-2015 and a 52 week low of Rs. 57.25 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 88 and Rs. 80.2 respectively.

The promoters holding in the company stood at 38.24 % while Institutions and Non-Institutions held 8 % and 49.29 % respectively.

The stock is currently trading above its 200 DMA.

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