Ramco Systems rises as DDFS selects its HCM software to address HR needs

09 Dec 2014

Ramco Systems is currently trading at Rs. 504.00, up by 8.50 points or 1.72 % from its previous closing of Rs. 495.50 on the BSE.

The scrip opened at Rs. 490.00 and has touched a high and low of Rs. 522.60 and Rs. 490.00 respectively. So far 2424 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 548.00 on 05-Dec-2014 and a 52 week low of Rs. 116.76 on 09-Dec-2013.

Last one week high and low of the scrip stood at Rs. 548.00 and Rs. 417.00 respectively. The current market cap of the company is Rs. 1226.97 crore.

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

Ramco Human Capital Management (HCM) forays into addressing HR needs in the fast growing travel retail business with the addition of Delhi Duty Free Services (DDFS). Jointly owned by Delhi International Airport, Yalorvin and GMR Airports, Delhi Duty Free Services is the single largest duty free retail operator in India operating out of T3, the 6th largest single terminal building in terms of floor area.

With Ramco HCM solution, Delhi Duty Free will have access to the most advanced technology to address Recruitment, Workforce Management, Employee Development and Performance Management of its 700+ workforce. The full suite HCM will ensure quality and longevity in the complete life-cycle of HR processes.

With 350+ customers, Ramco HCM has been growing rapidly adding on an average one customer a week, including leading Fortune 100 and multinational brands across the globe.

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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