DRC Systems India Ltd forms subsidiary in Dubai

DRC Systems India Limited has incorporated a wholly owned subsidiary company "DRC Systems EMEA LLC - FZ" in Dubai.

DRC Systems EMEA LLC - FZ is yet to commence its business operations.

DRC Systems India Limited is expanding its presence in UAE by opening its first wholly owned subsidiary out of India, DRC Systems EMEA LLC - FZ. Through this subsidiary, company is targeting to place itself strategically near to their existing customers, tap ever growing IT and ITeS sector in Middle East and taking demand and delivery to next level.

Through this new expansion, the Company will offer services and solutions around advanced technologies such as cloud computing, analytics, Enterprise Resource Planning (ERP), eLearning, Business Process Automation, machine learning and AI.

Shares of DRC Systems India Limited was last trading in BSE at Rs. 264 as compared to the previous close of Rs. 265.75. The total number of shares traded during the day was 416 in over 41 trades.

The stock hit an intraday high of Rs. 290 and intraday low of 261.2. The net turnover during the day was Rs. 113458.

Source : Equity Bulls

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