Meanwhile, the BSE Sensex was up 14.47 points, or 0.06%, to 24,500.42.

On BSE, so far 1.72 lakh shares were traded in the counter, compared with an average volume of 49,906 shares in the past one quarter. The stock hit a high of Rs 87 and a low of Rs 75.60 so far during the day. The stock hit a 52-week high of Rs 266 on 4 February 2015. The stock hit a 52-week low of Rs 75.60 on 27 January 2016. The stock had underperformed the market over the past one month till 25 January 2016, sliding 34.75% compared with 5.24% decline in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 33.28% as against Sensex's 10.87% fall.

The small-cap company has an equity capital of Rs 12.85 crore. Face value per share is Rs 5.

On a consolidated basis, net profit of R S Software (India) declined 24.46% to Rs 12.85 crore on 76.14% decline in net sales to Rs 22.68 crore in Q3 December 2015 over Q3 December 2014.

Meanwhile, on a sequential basis, the company's consolidated net profit rose 68.64% to Rs 12.85 crore on 65.06% decline in net sales to Rs 22.68 crore in Q3 December 2015 over Q2 September 2015.

The result was announced on Saturday, 23 January 2016. The company's stock slumped 16.42% to Rs 86 on Monday, 25 January 2016. The stock market was shut on Tuesday, 26 January 2016 for Republic Day Holiday. The stock has fallen 24.30% in two trading sessions from Rs 102.90 on 22 January 2016.

R S Software (India) focuses exclusively on the payments industry since its inception in 1991. The company has built solutions for the introduction of new standards such as EMV and new technologies such as mobile and contactless payments while mitigating the pain and cost associated with the legacy systems supporting them. It offers a range of services – custom application development, quality assurance, testing, maintenance, support and strategic consulting.