Meanwhile, the S&P BSE Sensex was up 54.77 points or 0.2% at 26,807.67.

On BSE, so far 3.97 lakh shares were traded in the counter as against average daily volume of 1.57 lakh shares in the past one quarter.

The stock hit a high of Rs 698 and a low of Rs 604 so far during the day. The stock had hit a record high of Rs 830 on 23 September 2014. The stock had hit a 52-week low of Rs 140 on 13 November 2013.

The stock had underperformed the market over the past one month till 27 October 2014, declining 11.97% as compared with Sensex's 0.48% rise. The scrip had, however, outperformed the market in the past one quarter, advancing 66.68% as compared to the Sensex's 2.4% rise.

The small-cap company has equity capital of Rs 12.80 crore. Face value per share is Rs 10.

On consolidated basis, R S Software India's net profit rose 5.05% to Rs 16.62 crore on 0.86% growth in net sales to Rs 16.62 crore in Q2 September 2014 over Q1 June 2014.

R S Software India is a leading software solutions provider for electronic payments industry.