Ramco Systems surges on bagging order from MHW

09 Apr 2014

Ramco Systems is currently trading at Rs. 200.00, up by 6.75 points or 3.49 % from its previous closing of Rs. 193.25 on the BSE.

The scrip opened at Rs. 194.00 and has touched a high and low of Rs. 202.70 and Rs. 194.00 respectively. So far 3849 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 250.40 on 07-Mar-2014 and a 52 week low of Rs. 67.55 on 04-Jul-2013.

Last one week high and low of the scrip stood at Rs. 203.00 and Rs. 192.10 respectively. The current market cap of the company is Rs. 313.56 crore.

The promoters holding in the company stood at 68.54 % while Institutions and Non-Institutions held 2.15 % and 29.31 % respectively. 

Ramco Systems has won order from MHW, a leading US-based service provider for wine, spirits, and malt beverage product companies in the US.

MHW has spent decades perfecting a transparent back-office service model to help its clients (both alcohol manufacturers and distributors) with a cost effective and efficient approach to conducting business in the US beverage alcohol industry. MHW was looking for a comprehensive and integrated solution that would address the entire spectrum of its business processes- from Sales and Distribution, CRM, Supply Chain, Compliance, to Accounting.

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.

Related Ramco Systems Ltd. Links:

Ramco Systems Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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