Shares of R Systems International hits 5% upper circuit, touching the weekly high at Rs125.15, after the company said it is exploring the option of divesting some of its non-core businesses.
R Systems International, however, said that there is no finality as to whether such divestment will occur. The company may engage in preliminary discussions with potential buyers for divestment of non-core business, it said. This is a preliminary intimation only. The detailed information will be made public at appropriate time based on further progress in this matter, R Systems International further added.
At 3.19 pm, R Systems International was trading at Rs125.15, up by 4.99%, with a volume of 3,895 shares on the BSE.