India's CMS Info Systems climbs as CEO increases stake

Cms Info Systems

01/03/2024 05:11

** Shares of CMS Info Systems  CMSN.NS  up 4.8% at 402.70
rupees
    ** Cash manangement firm says CEO Rajiv Kaul increased stake
from 2.62% to 6.20%
    ** More than 4.6 mln shares changed hands as of 10:20 a.m.
IST, ~3.3x the 30-day avg
    ** Stock on track for third consecutive week of gains, up
4.9% so far
    ** CMSN has risen ~40% in the last 12 months, and is up 4.5%
this year so far

 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))