India's Raminfo hits over 10-year high; board to discuss diversification

Raminfo

06/12/2021 09:24

** Shares of the information technology co  RINF.BO  surge
as much as 19% to 95 rupees, their highest since July 12, 2011
    ** RINF marks biggest intraday pct gain since Dec. 1, in its
fourth session of gains in five 
    ** Co says https://bit.ly/31ActnM its board of directors
will discuss the possibilities of diversification of verticals
other than e-governance 
    ** Co says meeting will be held on Dec. 14, where the board
will also review a proposal for payment of interim dividend for
FY 2021-22 
    ** More than 135,000 shares traded by 0905 GMT, 3.5 times
their 30-day avg of over 38,000 shares
    ** As of last close, RINF is up 174.1% this year 

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))