Ramco Systems is currently trading at its upper circuit limit of Rs. 302.05, up by 14.35 points or 4.99% from its previous closing of Rs. 287.70 on the BSE.
The scrip opened at Rs. 297.00 and has touched a high and low of Rs. 302.05 and Rs. 292.00 respectively. So far 155989 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 302.05 on 08-Sep-2020 and a 52 week low of Rs. 64.10 on 21-May-2020.
Last one week high and low of the scrip stood at Rs. 302.05 and Rs. 237.75 respectively. The current market cap of the company is Rs. 921.25 crore.
The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 9.07% and 36.22% respectively.
Amid the race to ensure workplace safety following the COVID-19 pandemic, Ramco Systems has joined forces with U.S. based Navigine and Singapore-based Hipla Technologies in enabling technology solutions to monitor and measure safe-distancing, thereby facilitating contact tracing at workplace.
As an immediate response to the pandemic, Ramco Systems had augmented their existing facial recognition-based attendance, RamcoGEEK with thermal screening, to enable touchless experience. Sensing the urgent need for holistic contact tracing and safe distancing approaches to ensure workplace health and safety, Ramco Systems has partnered with two start-ups – U.S. based start-up Navigine and Singapore-based Hipla Technologies to leverage Real-Time Location System (RTLS) and CCTV-based Artificial Intelligence to detect safe-distancing violations within the workplace, enabling necessary health and safety protocols aligned with organizational policies.
Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation.
| Company Name | CMP |
|---|---|
| TCS | 4174.65 |
| Infosys | 1911.00 |
| HCL Tech. | 1900.20 |
| Wipro | 306.30 |
| Tech Mahindra | 1706.15 |
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