RS Software rose 3.23 per cent to Rs 113.40 at on NSE after the company informed that it made further investment of Rs 5.90 crore in its wholly-owned subsidiary, Paypermint. The announcement was declared after market hours yesterday on 29 December 2016.
The BSE Sensex was up 212.40 points, or 0.81 per cent, to 26,578.55. On the NSE, so far 8,54,080 shares were traded on the counter, compared with the average daily volumes of 1.77 lakh shares in the last one quarter. The stock had hit a high of Rs 114.50 and a low of Rs 111 so far during the day.
RS Software share price hit a 52-week high of Rs 146.85 (31-DEC-15). The stock hit a 52-week low of Rs 57.50 (12-FEB-16). The stock had outperformed the market for the past 30 days till 29 December 2016, rising 14.91 per cent as compared with the 1.08 per cent fall in the Sensex. The scrip had also outperformed the market in the past one quarter, rising 50.07 per cent as against Sensex's 5.38 per cent decline.
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