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Ramco zooms on signing contract with Panasonic Group of companies in Malaysia

04 Jan 2017 Evaluate

Ramco Systems is currently trading at Rs. 382.20, up by 34.35 points or 9.87% from its previous closing of Rs. 347.85 on the BSE.

The scrip opened at Rs. 348.60 and has touched a high and low of Rs. 385.00 and Rs. 346.50 respectively. So far 143502 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 814.00 on 03-May-2016 and a 52 week low of Rs. 286.00 on 15-Dec-2016.

Last one week high and low of the scrip stood at Rs. 385.00 and Rs. 331.00 respectively. The current market cap of the company is Rs. 1129.39 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 Sdn Bhd, Malaysia part of India-headquartered HR software major Ramco Systems has signed a multi-million-dollar strategic deal with Panasonic Group of companies to digitize and transform HR and Payroll operations for nearly 20,000 employees nationwide on a unified platform. Ramco System’s award-winning Human Capital Management (HCM) solution will integrate with multiple Enterprise Applications and Finance systems in individual companies for statutory and payroll requirements.

Panasonic Group of companies in Malaysia will lead the Digital HR transformation initiative with a cloud-hosted Ramco HCM suite covering Core HR, Time & Attendance, Talent Management, Recruitment, Planning & Analytics in addition to Payroll. With this initiative, the role of HR Management in Panasonic Group will evolve from administrative roles to more strategic and business transformation roles by leveraging the Reporting and Analytical capabilities of this new system.

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

439.70 1.85 (0.42%)
17-Apr-2026 16:59 View Price Chart
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