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Ramco Systems strengthens on entering into partnership with Able Aerospace Services

Ramco Systems Ltd. | IT - Software | IT & ITES | BSE: 532370 | NSE: RAMCOSYS

15 Jul 2014 Evaluate

Ramco Systems is currently trading at Rs 226.85, up by 10.80 points or 5.00% from its previous closing of Rs. 216.05 on the BSE.

The scrip opened at Rs 220.00 and has touched a high and low of Rs 226.85 and Rs 218.05 respectively. So far 1930 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 241.50 on 04-Jul-2014 and a 52 week low of Rs. 67.01 on 01-Oct-2013.

Last one week high and low of the scrip stood at Rs 230.95 and Rs. 213.00 respectively. The current market cap of the company is Rs 541.60 crore.

The promoters holding in the company stood at 70.70% while Institutions and Non-Institutions held 5.09% and 24.21% respectively.

Ramco Systems, the global Aviation software provider on Cloud, Mobile and Tablets, has entered into partnership with Able Aerospace Services (a leading aviation component MRO and component parts manufacturer) to become its monolithic ERP system of record, including complete Maintenance, Repair & Overhaul (MRO), Supply Chain, Engineering, Finance and Accounting software solutions. Ramco’s solution will place Able Aerospace’s enterprise systems under one umbrella, allowing them to reduce costs and streamline processes.

Ramco’s fully integrated and scalable Aviation suite has been addressing the complex functionalities of the Aviation MRO industry. Through this partnership, Ramco will help Able build their MRO ecosystem, and will also provide them with a truly web centric solution.

Built for the Aviation sector, the Ramco Aviation Suite caters to airlines, rotor wing operators, CAMOs, air cargo and third party MROs. This solution helps engineering and MRO businesses incorporate best practices and reduce overhead costs. Ramco ended the fiscal 2013-14 year with 14 new aviation customers; including leading players like Malaysia Airlines, DanCopter, Eagle Air, Ellinair, Astra Airlines and Modern Logistics.

Ramco Systems Share Price

439.70 1.85 (0.42%)

17-Apr-2026 16:59 View Price Chart

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Ramco Systems strengthens on entering into partnership with Able Aerospace Services

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