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Ramco Systems is currently trading at Rs. 332.20, up by 9.40 points or 2.91% from its previous closing of Rs. 322.80 on the BSE.
The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 335.00 and Rs. 317.00 respectively. So far 4641 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.90 on 11-Jan-2018 and a 52 week low of Rs. 312.50 on 21-Sep-2018.
Last one week high and low of the scrip stood at Rs. 353.55 and Rs. 312.50 respectively. The current market cap of the company is Rs. 1015.78 crore.
The promoters holding in the company stood at 54.72%, while Institutions and Non-Institutions held 22.93% and 22.35% respectively.
Ramco Systems has won an order for Ramco Aviation Suite from multidisciplinary technology services provider Advanced Global Resources, LLC (AGR), to track and manage inventory in real-time, ensuring auditability and accountability for their asset management responsibilities to the US Army.
Ramco Aviation Suite 5.8 was chosen for its solution breadth, modularity, flexibility, and mobile-friendly capabilities. The software offers modules for advanced procurement, invoicing, vendor and inventory management in real time. These functions are accessible via a hub-based dashboard that will enable users to effectively plan, manage and report on all assets. A native mobile app for warehouse management is also included in the suite. Ramco Aviation Suite 5.8 replaces the entirely manual, paper-based system previously used for Red River Depot, which had limited visibility on stock demand and fulfilment. The company will help AGR install the new software, automating the process and tracking all data changes to ensure regulatory and audit compliance.
Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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