RSSL was set up as a private limited company by Shri R. R. Jain of Kolkata in December, 1987. The company is primarily engaged in software development, maintenance, testing and software project management under client server and web based technologies. Shri Jain is a first generation entrepreneur, who has, to his credit, more than two decades of working experience in software & electronic payment services industry in USA.
R S Software has shown consistent increase of turnover over last 10 years with very healthy profit margins.It has saved lot of cash on its balance sheet which is enough for its wither & to get business growing.
With rumours of VISA dropping R S Software has triggered in its steep fall of approximately 70% from its peak but results contradicting these rumours partially. R S Software is a Multibagger stock in India available undervalued which is like an opportunity to invest in Mobile revolution in India & around the world fueled by iOS & Android Machines.
Value picks are stocks of companies that are believed to be undervalued at NSE or BSE. It is an outcome of huge sattebaaji directed by Stock brokers in that stock making Markets overreact to good and bad news, resulting in stock price movements that do not correspond with the company's long-term business or fundamentals.
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I got introduced to Financial system through Forex Trading back in 2007 during my 3rd Year of Engineering & It was too complex yet magnificent. Officially I entered Indian Stock Market in early 2008 at the very beginning of Global Financial Crisis, but what the hell did I know for me it was the last semester & time to get serious about my passion ie, Counter Strike
RoCE : Return on Capital Employed (Effective)
PAT(Avg.) : Net Profit after tax ( Average )
CMP : Current Market Price
MoS : Margin of Safety