Ramco shines as Sundance Helicopters implements its aviation software

05 Mar 2015

Ramco Systems is currently trading at Rs. 692.00, up by 25.75 points or 3.86% from its previous closing of Rs. 666.25 on the BSE.

The scrip opened at Rs. 675.00 and has touched a high and low of Rs. 703.75 and Rs. 675.00 respectively. So far 5297 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 720.00 on 04-Mar-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. 720.00 and Rs. 506.00 respectively. The current market cap of the company is Rs. 1700.02 crore.

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

Sundance Helicopters, the longest running helicopter tour operator in Las Vegas, Nev, has implemented Aviation Maintenance Repair and Overhaul (MRO) solution developed by Ramco Systems, to manage flight and maintenance operations for its fleet of 28 tour helicopters. Ramco's Aviation solution has helped automate systems, which were previously manual, reducing errors while increasing productivity. The system has enabled historical information for each aircraft part to be traced and accessed on any smart device. The solution has also been integrated to work with other applications such as Pilot 411 as well as Solomon Financials.

Emirates, Malaysia Airlines, Singapore Airlines Engineering Company, Petroleum Helicopters, Columbia Helicopters and 67 others are onboard with Ramco Systems, the solution of choice for several top airlines and five of the leading civilian helicopter operators in the world.  Sundance Helicopters, part of Air Methods' Tourism Division, has been operating in Las Vegas and Grand Canyon for close to 30 years and carries over 160,000 customers every year.

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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