Ramco Systems is currently trading at Rs. 617.45, up by 19.60 points or 3.28% from its previous closing of Rs. 597.85 on the BSE.
The scrip opened at Rs. 620.00 and has touched a high and low of Rs. 628.90 and Rs. 607.00 respectively. So far 20099 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 784.15 on 11-Jan-2021 and a 52 week low of Rs. 103.35 on 14-Jul-2020.
Last one week high and low of the scrip stood at Rs. 665.50 and Rs. 520.00 respectively. The current market cap of the company is Rs. 1901.59 crore.
The promoters holding in the company stood at 54.45%, while Institutions and Non-Institutions held 10.01% and 35.53% respectively.
Ramco Systems is planning to provide its next-gen Enterprise Resource Planning (ERP) software to Aden Ports Development Company (APDC) at their Aden Container Terminal (ACT), deepening its 12-year partnership with Yemen’s largest container terminal. The association between the partners, which began in 2009, will see the upgrade of ACT’s HR, payroll and financial accounting capabilities, modernization and digitisation of existing applications, and introduction of newer technologies and innovations such as Payroll Hub, Accounts Payable/Accounts Receivable hubs, as well as mobile apps, with a sleeker and more comprehensive dashboard.
Ramco’s HR & Payroll modules will provide reporting capabilities to enable ACT’s management to make on-the-spot decisions for payroll, bonus, leave and attendance, while the Financial Accounting module will cover items such as accounts payable, accounts receivable and the general ledger, all on a unified dashboard
Ramco Systems 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&EMRO for Aviation.
| Company Name | CMP |
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| Infosys | 1909.30 |
| HCL Tech. | 1896.30 |
| Wipro | 305.25 |
| Tech Mahindra | 1706.30 |
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