Ramco Systems advances on securing ERP order from Halogen Security Company

03 Dec 2014

Ramco Systems is currently trading at Rs. 431.00, up by 11.70 points or 2.79 % from its previous closing of Rs. 419.30 on the BSE.

The scrip opened at Rs. 421.00 and has touched a high and low of Rs. 440.95 and Rs. 421.00 respectively. So far 4399 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 530.25 on 09-Sep-2014 and a 52 week low of Rs. 113.90 on 02-Dec-2013.

Last one week high and low of the scrip stood at Rs. 442.80 and Rs. 417.00 respectively. The current market cap of the company is Rs. 1058.20 crore.

The promoters holding in the company stood at 69.64 % while Institutions and Non-Institutions held 6.32 % and 24.05 % respectively.

Nigeria's leading professional security solutions provider, Halogen Security has signed a multi-year contract with Ramco Systems to implement full-suite Services ERP (Services Resource Planning - SRP) to manage security solution operations of its 13,000+ guards across the region. This is the 7th win in Nigeria for Ramco Systems. Ramco's partner, Inlaks Computers was instrumental in this win. Halogen Security Company will be implementing Ramco's full suite SRP offering which includes, Finance, Inventory, HR, Procurement, Sales & CRM, Project Management, and Payroll.

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.


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