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Ramco Systems trades higher on BSE

Ramco Systems Ltd. | IT - Software | IT & ITES | BSE: 532370 | NSE: RAMCOSYS

16 Dec 2016 Evaluate

Ramco Systems is currently trading at Rs. 342.00, up by 41.40 points or 13.77% from its previous closing of Rs. 300.60 on the BSE.

The scrip opened at Rs. 304.00 and has touched a high and low of Rs. 351.00 and Rs. 302.60 respectively. So far 303829 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 828.40 on 29-Dec-2015 and a 52 week low of Rs. 286.00 on 14-Dec-2016.

Last one week high and low of the scrip stood at Rs. 351.00 and Rs. 286.00 respectively. The current market cap of the company is Rs. 1019.43 crore.

The promoters holding in the company stood at 55.72%, while Institutions and Non-Institutions held 26.42% and 17.86% respectively.

Ramco Systems has been selected by GoAir, India’s fastest growing LCC, to upgrade its Ramco Aviation Suite V5.5 to Ramco Aviation M&E/MRO Solution V5.8. This upgrade will further automate and enhance its maintenance functions. The upgrade will cover modules for Engineering & Continuing Airworthiness Management Organisation (CAMO), Materials Management, Quality and Maintenance. The announcement was made at the India MRO Aerospace & Defence 2016 event being held at New Delhi.

GoAir has been functioning on Ramco Aviation offering since 2013, when the company went live on the application in a record time of 200 days, across 21 base stations, for its 15 fleet. The upgrade will additionally help in simplifying and streamlining GoAir’s Purchase Operations, Inventory Operations, Aircraft Maintenance Execution and Technical Records keeping. The application’s mobility feature will enable access to operations for mechanics and maintenance staff on the move.

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.

Ramco Systems Share Price

426.30 -5.00 (-1.16%)

23-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2522.55
Infosys	1242.60
HCL Tech.	1277.20
Wipro	202.95
Tech Mahindra	1420.40
View more..

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Ramco Systems trades higher on BSE

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