Why are R Systems International shares up 28% in 2 days despite weak trends on Dalal Street? Reason, next target price
R Systems International's share price opened at ₹289.70 against its previous close of ₹277.60 and jumped as much as 9% to hit an intraday high of ₹302.75. At this price, the stock has surged 28.4% in just two consecutive sessions.
R Systems International shares continued witnessing strong buying interest for the second consecutive session on Tuesday, 29 September. R Systems International's share price opened at ₹ 289.70 against its previous close of ₹ 277.60 and jumped as much as 9% to hit an intraday high of ₹ 302.75. At this price, the stock has surged 28.4% in just two consecutive sessions.
The stock is witnessing strong traction ahead of the record date for the second interim dividend for the financial year 2026 (FY26).
On Friday, 25 September, the company's board declared a second interim dividend of ₹ 8 for FY26.
The record date for determining shareholders' entitlement to the said dividend is Thursday, 1 October 2026. The dividend for FY26 will be paid on or before 24 October 2026.
By 10 am on Tuesday, the stock has jumped nearly 18% in the last six months. However, over the last one year, it is down 28%, hitting a 52-week low of ₹ 213.50 on 6 July this year after hitting a 52-week high of ₹ 446.55 on 6 October last year. On a monthly scale, the stock is up nearly 21% so far in September, after a 6% fall in August.
(This is a developing story. Please check back for fresh updates.)
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