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R Systems International gains on getting nod to acquire IBIZ Consultancy Services

03 May 2019

R Systems International is currently trading at Rs. 46.75, up by 0.35 points or 0.75% from its previous closing of Rs. 46.40 on the BSE.

The scrip opened at Rs. 48.00 and has touched a high and low of Rs. 48.30 and Rs. 46.55 respectively. So far 5434 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 56.40 on 09-Jan-2019 and a 52 week low of Rs. 24.20 on 24-Jul-2018.

Last one week high and low of the scrip stood at Rs. 48.30 and Rs. 46.40 respectively. The current market cap of the company is Rs. 563.18 crore.

The promoters holding in the company stood at 51.17%, while Non-Institutions held 48.83% stake in the company.

R Systems International has received approval for acquisition of 100% shares of IBIZ Consultancy Services India from IBIZ Consulting Pte., Singapore, step down wholly-owned subsidiary. Accordingly, IBIZ Consultancy Services India will become direct wholly-owned subsidiary of the company. The Board of Directors of the company at its meeting held on May 02, 2019 has approved the same.

R Systems International is a software product development and BPO services company. They help companies bring products and services to market quicker by using their proprietary pSuite execution framework.

Related R Systems International Ltd. Links:

R Systems Intl. Share Price

215.95 -2.20 (-1.01%) Oct 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323