Ramco Systems gains on entering into strategic partnership with GAINSystems

20 Nov 2015

Ramco Systems is currently trading at Rs. 775.25, up by 8.25 points or 1.08% from its previous closing of Rs. 767.00 on the BSE.

The scrip opened at Rs. 765.00 and has touched a high and low of Rs. 776.25 and Rs. 760.00 respectively. So far 1,814 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1113.00 on 05-Aug-2015 and a 52 week low of Rs. 417.00 on 02-Dec-2014.

Last one week high and low of the scrip stood at Rs. 782.00 and Rs. 729.00 respectively. The current market cap of the company is Rs. 2,313.00 crore.

The promoters holding in the company stood at 56.49%, while Institutions and Non-Institutions held 24.33% and 19.18% respectively.

Ramco Systems has entered into a strategic partnership with GAINSystems -- global leader in supply chain management and supply chain optimization, to offer world-class, fully-embedded and integrated solution to the Aviation industry. Through this partnership the company will embed GAINSystems' Supply Chain Planning and Inventory Optimization solution to its Aviation offering, and offer it to both its new and existing customers of Aviation Series 5.

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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