Ramco Systems is currently trading at Rs. 459.65, up by 10.00 points or 2.22% from its previous closing of Rs. 449.65 on the BSE.
The scrip opened at Rs. 443.05 and has touched a high and low of Rs. 472.10 and Rs. 441.35 respectively. So far 73774 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 543.60 on 08-Oct-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. 472.10 and Rs. 440.45 respectively. The current market cap of the company is Rs. 1414.33 crore.
The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 9.63% and 35.67% respectively.
Ramco Systems is going to implement its flagship Payroll & HR software at Hansen Yuncken, one of Australia’s leading construction companies.
Ramco will provide Hansen Yuncken with a Payroll system compliant with Australian statutory requirements, in addition to modules covering Core HR, Time & Attendance and Employee Benefits including Leave, Travel, and Expenses.
The 100-year old construction company continues its digitization journey with RAMCO providing advantages of simplified user experience, mobility, Payroll and Time management multi-dimensional HUBs, Alerts and Workflows and ‘Mail It’ feature, that allows employees to transact with the system through emails, thus enhancing employee experience. In addition, Ramco HR & Global Payroll will integrate with Hansen Yuncken’s finance and reporting systems.
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.
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