R S Software Hits Upper Circuit Limit, Signaling Strong Market Position in IT Sector

Mar 20 2025 10:00 AM IST
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R S Software (India) Ltd, a microcap in the IT software sector, reached its upper circuit limit today, hitting an intraday high of Rs 64.65. The stock has shown consecutive gains over the past two days, outperforming its sector and maintaining significant trading activity despite a decrease in delivery volume.
R S Software (India) Ltd, a microcap player in the IT software industry, has shown remarkable activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 64.65, reflecting a notable change of Rs 3.07, or 4.99%, from its previous close. This performance has allowed R S Software to outperform its sector, which recorded a 1.75% return today.

The stock opened with a gap up, starting the day at Rs 64.65, and has maintained this price throughout the trading session. Total traded volume stood at approximately 0.0127 lakh shares, resulting in a turnover of Rs 0.00821055 crore. Despite a decrease in delivery volume by 19.77% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.02 crore.

Over the past two days, R S Software has demonstrated a consecutive gain, accumulating a total return of 10.23%. While the stock is currently above its five-day moving averages, it remains below the longer-term moving averages. Overall, R S Software's performance today highlights its strong market position within the IT software sector.
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