DRC Systems trades higher on BSE
DRC Systems India is currently trading at Rs 17.75, up by 0.09 points or 0.51% from its previous closing of Rs 17.66 on the BSE.
The scrip opened at Rs 18.50 and has touched a high and low of Rs 18.50 and Rs 17.48 respectively. So far 1338 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 1 has touched a 52-week high of Rs 33.24 on 06-Feb-2025 and a 52-week low of Rs 15.30 on 05-Dec-2025.
Last one week high and low of the scrip stood at Rs 18.51 and Rs 16.66 respectively. The current market cap of the company is Rs 255.74 crore.
The promoters holding in the company stood at 22.17%, while Institutions and Non-Institutions held 0.38% and 77.45% respectively.
DRC Systems India has received approval to make further investment not exceeding $1 million in one or more tranches in DRC Systems EMEA LLC - FZ, a wholly owned subsidiary of the company. This investment aims to strengthen its strategic presence in the Middle East, positioning itself closer to key customers and capitalizing on the growing IT and ITeS sector.
This expansion will allow the company to offer a wider range of services, including cloud computing, AI, machine learning, ERP, digital marketing, eLearning, business process automation, and web and mobile app development, all while driving long-term growth, operational efficiency, and increased shareholder value. The investment is expected to be completed within 60 days.
The board of directors of the company at its meeting held on January 05, 2026, has considered and approved the same.
DRC Systems India is a software development organization and deliver state-of-the-art IT business solutions to its clients across the globe.
