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Ramco Systems advances on bagging order worth $2.5 million

22 Feb 2017 Evaluate

Ramco Systems is currently trading at Rs. 364.00, up by 6.35 points or 1.78% from its previous closing of Rs. 357.65 on the BSE.

The scrip opened at Rs. 358.60 and has touched a high and low of Rs. 375.00 and Rs. 357.10 respectively. So far 24,000 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. 375.00 and Rs. 336.15 respectively. The current market cap of the company is Rs. 1,104.91 crore.

The promoters holding in the company stood at 55.12%, while Institutions and Non-Institutions held 22.90% and 21.98% respectively.

Ramco Systems has secured a multi-million dollar Cloud deal of around $2.5 million from Allegis Group Australia for Ramco ERP for Services Resource Planning (SRP), Human Capital Management (HCM) & Payroll to be implemented across 8 Countries including India, Singapore, Malaysia, China, Hong Kong, Japan, Australia and New Zealand covering 7000+ employees & contractors.

Allegis Group is the global leader in talent solutions, and the largest privately-held staffing company in the world, while Ramco Systems is a leading software company focused on consulting, product and managed services business. The company also focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments.


Ramco Systems Share Price

422.65 -17.05 (-3.88%)
20-Apr-2026 16:59 View Price Chart
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