Ramco Systems spurts on being selected by NNHS for managing, operations growing fleet

03 Mar 2015

Ramco Systems is currently trading at Rs. 697.50, up by 72.50 points or 11.60% from its previous closing of Rs. 625.00 on the BSE.

The scrip opened at Rs. 625.00 and has touched a high and low of Rs. 719.00 and Rs. 624.00 respectively. So far 44664 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 644.00 on 27-Feb-2015 and a 52 week low of Rs. 156.25 on 16-May-2014.

Last one week high and low of the scrip stood at Rs. 644.00 and Rs. 506.00 respectively. The current market cap of the company is Rs. 1692.70 crore.

The promoters holding in the company stood at 69.36 % while Institutions and Non-Institutions held 6.48 % and 24.16 % respectively.

Ramco Systems, the global Aviation software provider on Cloud, Mobile, Tablets & Wearables, has added State-owned Southern Vietnam Helicopter Company (VNHS), a leading helicopter service provider in South East Asia as its customer.  VNHS will be implementing Ramco Aviation Series 5 to manage operations and maintain its growing fleet of aircraft. This includes integration of operations such as Maintenance, Repair and Overhaul (MRO), Supply Chain Management and Maintenance and Engineering (M&E), into a single platform.

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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