Ramco Systems trades higher on the bourses

07 Nov 2017

Ramco Systems is currently trading at Rs. 438.10, up by 4.65 points or 1.07% from its previous closing of Rs. 433.45 on the BSE.

The scrip opened at Rs. 439.05 and has touched a high and low of Rs. 453.75 and Rs. 435.55 respectively. So far 10915 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 500.00 on 10-Nov-2016 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. 467.95 and Rs. 421.60 respectively. The current market cap of the company is Rs. 1359.96 crore.

The promoters holding in the company stood at 54.89%, while Institutions and Non-Institutions held 23.49% and 21.62% respectively.

First Balfour, Inc., one of the largest construction and engineering firms in the Philippines, has completely transitioned to Ramco Systems’ Enterprise Resource Planning (ERP) solution to manage its operations. As a project-centric construction company with a growing presence in the equipment rental industry, Ramco offered a single application which addressed the end-to-end needs of the varied businesses of First Balfour.

Deployed over nine months, Ramco ERP Suite has enabled First Balfour automate and streamline its equipment rental management, inventory, supply chain and asset management, along with finance, accounting and statutory reporting functions. Bundled with a mobile-friendly transportation management module, the solution integrates with First Balfour’s third-party GPS system enabling live tracking of rental vehicles.

Ramco is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation.

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Ramco Systems Share Price

508.55 -7.55 (-1.46%) May 14, 10:21
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