Ramco Systems is currently trading at Rs. 298.55, up by 17.70 points or 6.30% from its previous closing of Rs. 280.85 on the BSE.
The scrip opened at Rs. 282.50 and has touched a high and low of Rs. 313.70 and Rs. 282.50 respectively. So far 24502 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.90 on 11-Jan-2018 and a 52 week low of Rs. 275.00 on 11-Dec-2018.
Last one week high and low of the scrip stood at Rs. 313.70 and Rs. 275.00 respectively. The current market cap of the company is Rs. 913.19 crore.
The promoters holding in the company stood at 54.64%, while Institutions and Non-Institutions held 23.20% and 22.17% respectively.
Ramco Systems has secured yet another deal from a leading adversary air (ADAIR) services provider to the US Defense Forces, to manage its fleet of fighter aircraft used for highly complex training fleet and Defense contract requirements.
The company will implement its full suite Ramco Aviation Suite V5.8, covering modules for Engineering and Maintenance, Supply Chain Management, Safety & Quality, Flight Operations, integrated with Finance. Bundled with the latest features for Mobility, Hubs and Dashboards, Ramco’s next-gen Aviation suite will enable paperless operations across remote locations, thereby aiding clients’ rapid expansion plans.
The company’s one stop solution will cover all functional areas in a single software, enabling the client adhere to defense regulatory needs. Ramco’s Offline Mobile capability will help the client manage remote operations with zero connectivity, thereby ensuring quick turnaround for aircraft induction and high availability of aircraft for critical missions.
Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.
| Company Name | CMP |
|---|---|
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| Infosys | 1916.55 |
| HCL Tech. | 1891.65 |
| Wipro | 309.10 |
| Tech Mahindra | 1711.80 |
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