DSIJ Mindshare

The company has given impressive returns of 47 per cent in the past year and remarkable returns of 243 per cent over the last three years. Furthermore, it has recorded a solid sales growth of 21 per cent (CAGR) and a profit growth of 44 per cent (CAGR) over the past five years

R System’s revenue for the last twelve months, as of September 30, 2022, was Rs 1,445 crore, registering a 36% YoY growth.

Shares of R Systems International surged more than 14 per cent on a 23-fold rise in volume, making it the top BSE Smallcap gainer. 

The benchmark indices ended higher for the second consecutive day on the back of positive global cues. A lowering of FII selling made the domestic market comfortable in squeezing volatility. RBI’s upcoming policy meeting will be the key driver in the market, where they are expected to announce an additional policy rate hike of 25-35 bps.

At 12.15 pm on Wednesday, the core equity indices i.e., Sensex and Nifty 50 were recovering amidst relaxed oil prices, and the changing political dynamics arising due to the Ukraine-Russia conflict. The Sensex was trading at 57,554.93 up by 254.24 points 0.44 per cent, while Nifty was at 17,162.40, up by 70.20 points or 0.41 per cent from the last trading session.