R Systems International Ltd.

R Systems International is currently trading at Rs 130.50, up by 5.35 points or 4.27% from its previous closing of Rs 125.15 on the BSE.

The scrip opened at Rs 125.00 and has touched a high and low of Rs 131.40 and Rs 121.70 respectively. So far 12221 shares were traded on the counter.

The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs 153.80 on 27-Jan-2011 and a 52 week low of Rs 90.70 on 08-Aug-2011.

Last one week high and low of the scrip stood at Rs 131.40 and Rs 112.25 respectively. The current market cap of the company is Rs 154.15 crore.

The promoters holding in the company stood at 46.76% while Non-Institutions held 53.24% stake in the company. 

R Systems International, one of the leading providers of outsourced product development, technical and customer support, is exploring the option of divesting some of their non-core businesses. While there is no finality whatsoever as to whether such divestment will occur, the company may engage in preliminary discussions with potential buyers.

Earlier in November, the company signed a collaborative partnership agreement with INCA Internet Company, a leading information security company specializing in providing online financial security services for safe and trustworthy online banking transactions.

R Systems International is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary suite execution framework.