The announcement was made during trading hours today, 22 December 2011.

Meanwhile, the BSE Sensex was down 133.18 points, or 0.85%, to 15,552.03.

On BSE, 28,000 shares were traded in the counter as against an average daily volume of 27,359 shares in the past one quarter.

The stock hit a high of Rs 41.70 and a low of Rs 36.05 so far during the day. The stock had hit a record low of Rs 30.10 on 23 November 2011. The stock had hit a 52-week high of Rs 100.90 on 30 December 2010.

The stock had outperformed the market over the past one month until 21 December 2011, gaining 4.08% compared with the Sensex's 1.64% decline. The scrip had also outperformed the market in past one quarter, falling 1.20% as against 8.09% fall in the Sensex.

The small-cap IT company has an equity capital of Rs 10.05 crore. Face value per share is Rs 10.

Thinksoft Global Services said that the Reserve Bank of India (RBI) has chosen it to deliver a comprehensive end-to-end user acceptance testing with full project management responsibility including test strategy, test planning and test execution. The deal is valued at Rs 5 crore and the testing cycles are expected to be completed in a year.

Thinksoft Global Services' consolidated net profit soared 118% to Rs 3.97 crore on 6.39% growth in net sales to Rs 29.96 crore in Q2 September 2011 over Q1 June 2011.

Thinksoft Global Services is a Chennai-based financial software testing company.