Financial Daily from THE HINDU group of publications
Thursday, Apr 27, 2006
Financial Daily from THE HINDU group of publications Thursday, Apr 27, 2006 |
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Markets
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IPOs Info-Tech - Software Our Bureau
Mumbai , April 26 R Systems International Ltd, an outsourced software product development company, made its debut on the stock exchanges at a premium of 20.4 per cent on the BSE at Rs 301, compared to the issue price of Rs 250. But the shares swung from one extreme to the other on Wednesday before closing almost flat at Rs 249.75. During the day, the shares hit the day's high of Rs 325 and a low of Rs 234. On the NSE, the shares were listed at Rs 285, a premium of 14 per cent from the issue price, but it closed flat at Rs 250.15. Over 1.42 crore shares were traded on the exchanges on Wednesday.
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