India's R Systems soars after launch of smart home devices connector

R Systems International

06/03/2025 04:30

** Shares of R Systems International Ltd RSYS.NS rise as much as 11% to 385 rupees

** Tech services co launches a smart consumer-to-consumer connector for home device integration built on Amazon Web Services

** Adds, it helps in bidirectional communication between smart home devices

** Stock on track to snap 8 weekly losses; gained 9.3% so far this week

** More than 118,000 shares traded as of 9:56 a.m. IST, nearly its 30-day moving avg of 128,591 shares

** RSYS last up 5%, cutting YTD losses to 25.6%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))