Meanwhile, the S&P BSE Sensex was down 94.67 points or 0.46% at 20,692.63.

On BSE, so far 21,000 shares were traded in the counter as against average daily volume of 19,415 shares in the past one quarter.

The stock was volatile. The stock rose as much as 5% at the day's high of Rs 17.90 so far during the day. The stock rose 1.17% at the day's low of Rs 17.25 so far during the day. The stock had hit a 52-week high of Rs 41.15 on 15 October 2013. The stock had hit a 52-week low of Rs 11 on 25 March 2013.

The stock had outperformed the market over the past one month till 6 January 2014, advancing 3.02% compared with the Sensex's 1% fall. The scrip had, however, underperformed the market in past one quarter, sliding 46.64% as against Sensex's 4.38% rise.

The small-cap company has equity capital of Rs 19.52 crore. Face value per share is Rs 5.

Shares of Four Soft have surged 6.15% in two trading sessions from a recent low of Rs 16.25 on 3 January 2014 after the company after market hours on 3 January 2014 said that its board will meet on 8 January 2014, to consider the proposal for acquisition of Deals15.com from Premium Web Services. The stock had surged by the maximum permissible level of 5% to settle at Rs 17.05 on Monday, 6 January 2014.

The Board will also consider proposal of merger of Paired Media and Entertainment and Pal Premium Online Media with Paired Technologies (formerly known as Four Soft).

Four Soft's consolidated net profit declined 39.2% to Rs 2.45 crore on 18.48% growth in net sales to Rs 35.71 crore in Q2 September 2013 over Q1 June 2013.

Four Soft is a leading transportation and logistics software products company providing innovative and integrated enterprise solutions.