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Ramco Systems rises on inking multi-million dollar repeat order with LBC Express

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

22 Nov 2017 Evaluate

Ramco Systems is currently trading at Rs. 420.50, up by 6.75 points or 1.63% from its previous closing of Rs. 413.75 on the BSE.

The scrip opened at Rs. 415.00 and has touched a high and low of Rs. 426.00 and Rs. 414.00 respectively. So far 2902 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 467.95 on 02-Nov-2017 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. 426.00 and Rs. 398.00 respectively. The current market cap of the company is Rs. 1262.76 crore.

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

Ramco Systems has inked a multi-million dollar repeat order with LBC Express Inc., Philippines to unify and automate LBC’s logistics and supply chain operations across its 1,300 global branches and 121 warehouses. The agreement has been inked within a short span of signing of first agreement for Ramco HR on Cloud.

LBC Express chose Ramco’s Logistics Suite over global providers for its nimble, streamlined cloud offerings. On top of HR and Payroll functions, Ramco’s mobile-friendly platform includes modules for freight-forwarding courier planning, rating and billing, as well as end-to-end warehouse, fleet and supply chain management.

LBC is the Philippines’ market leader in retail and corporate courier & cargo, money remittance, and logistics services with a growing network of over 6,400 branches, hubs & warehouses, partners, and agents in over 30 countries.

Ramco Systems 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.

Ramco Systems Share Price

439.70 1.85 (0.42%)

17-Apr-2026 16:59 View Price Chart

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Ramco Systems rises on inking multi-million dollar repeat order with LBC Express

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