R Systems stock surged nearly 14% intraday, among top gainers in Nifty Smallcap 500, driven by AI-led growth

Fri 9 Oct 2026

Stock move today

14 percent

AI/cloud revenue contribution

over 50 percent

ACV bookings

82.9 million dollars

Sustainable margin outlook

18 to 19 percent

Heard on business television between 13:31:33 - 13:34:33 IST.

• Stock up nearly 14% and among top 10 gainers in Nifty Smallcap 500 index
• Company is a provider of technology, AI and knowledge services; AI/data in cloud now contributes over 50% of revenue
• Business shifting away from legacy support work with order wins across telecom, BFSI, insurance and AdTech
• ACV bookings stand at around 82.9 million dollars; H1 bookings expected to support H2 growth, pipeline quality improving
• Company recognized as horizontal GCC accelerator; sustainable margin expected around 18-19%, wage hike already absorbed in Q2

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