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Ramco Systems firms up on winning order from Al Jazeera Support Services Company

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

27 Nov 2017 Evaluate

Ramco Systems is currently trading at Rs. 424.20, up by 10.80 points or 2.61% from its previous closing of Rs. 413.40 on the BSE.

The scrip opened at Rs. 415.00 and has touched a high and low of Rs. 435.00 and Rs. 415.00 respectively. So far 4132 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. 436.00 and Rs. 399.45 respectively. The current market cap of the company is Rs. 1269.63 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 won an order from Al Jazeera Support Services Company, a closed joint stock company, providing rental manpower needed by government, business sectors and individuals, to implement Ramco ERP for Services (Services Resource Planning) Suite.

While traditional ERP applications have been built to address asset-centric organizations, Ramco ERP for Services addresses people-centric businesses offering Project Management that is tightly integrated with HCM & Finance modules. It supports both Milestone and T&M (Time and Materials) based project models and comes with modules for Recruitment, Contract & Contractor Management, thus ensuring a consolidated business view of the organization.

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

422.65 -17.05 (-3.88%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2578.45
Infosys	1311.95
HCL Tech.	1428.35
Wipro	202.40
Tech Mahindra	1504.10
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Ramco Systems firms up on winning order from Al Jazeera Support Services Company

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