Ramco Systems is currently trading at Rs. 182.25, up by 8.65 points or 4.98 % from its previous closing of Rs. 173.60 on the BSE.
The scrip opened at Rs. 181.00 and has touched a high and low of Rs. 182.25 and Rs. 178.00 respectively. So far 71687 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 219.50 on 24-Jan-2020 and a 52 week low of Rs. 64.10 on 21-May-2020.
Last one week high and low of the scrip stood at Rs. 182.25 and Rs. 142.90 respectively. The current market cap of the company is Rs. 557.80 crore.
The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 9.07% and 36.22% respectively.
Ramco Systems is going to implement its flagship aviation software Ramco Aviation M&E MRO Suite V5.8 for multiple business entities of U.S. -based GoAeroMx, a leading provider of MRO, CAMO, Parts Manufacturer Approval (PMA), and Fleet Management support.
Ramco Aviation Software offers a comprehensive suite of modules such as Engineering and Maintenance, Supply Chain Management, MRO and Part Sale, Manufacturing, Finance, and Accounting to address end-to-end needs of Aviation business. Designed to be accessible on cloud and mobile, the software will enable GoAeroMx to digitize its business processes, eliminate duplication of effort in recording daily inter-department transactions, and optimize PMA and document distribution processes.
Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation.
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