Ramco Systems trades in fine fettle on BSE

20 Dec 2016 Evaluate

Ramco Systems is currently trading at Rs 367.15, up by 21.30 points or 6.16% from its previous closing of Rs. 345.85 on the BSE.

The scrip opened at Rs. 350.10 and has touched a high and low of Rs. 370.80 and Rs. 342.15 respectively. So far 172137 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 828.40 on 29-Dec-2015 and a 52 week low of Rs. 286.00 on 15-Dec-2016.

Last one week high and low of the scrip stood at Rs. 374.00 and Rs. 286.00 respectively. The current market cap of the company is Rs. 1105.75 crore.

The promoters holding in the company stood at 55.72%, while Institutions and Non-Institutions held 26.42% and 17.86% respectively.

Ramco Systems’ HCM offering integrated with Global Payroll has been selected by Horizon Hospitality Holdings LLC, UAE-based food service operator, representing brands including ABD El Wahab, Asia Asia, Vapiano, Lock Stock & Barrel and Que 43, to streamline its regional HR and payroll functions.

Dubai-headquartered Horizon, which runs five F&B and entertainment brands in the UAE, will replace its legacy HR software with Ramco’s complete HR suite covering Core HR, Recruitment, Talent Management, Payroll and Time & Attendance. The integrated suite with web-based Time & Attendance will enable Horizon gain real-time visibility of staff across its 40+ outlets enabling better manpower planning and movement. Employees will now be empowered to carry out self-service transactions from anywhere using Ramco Mobile apps.

Ramco Systems is a leading software company focused on consulting, product and managed services business. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments.

Ramco Systems Share Price

305.00 -16.05 (-5.00%)
03-Jun-2024 16:01 View Price Chart
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