Ramco Systems touches roof on the BSE

13 Oct 2020 Evaluate

Ramco Systems is locked its upper circuit limit at Rs. 515.20, up by 24.50 points or 4.99% from its previous closing of Rs. 490.70 on the BSE.

The scrip opened at Rs. 509.00 and has touched a high and low of Rs. 515.20 and Rs. 493.80 respectively. So far 111615 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 543.60 on 08-Oct-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. 543.60 and Rs. 467.35 respectively. The current market cap of the company is Rs. 1578.90 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 a leading helicopter OEM, to digitally transform its global MRO operations. The company will implement its unified enterprise application containing modules for Engineering, Maintenance, Supply Chain, Safety Compliance, MRO & Part Sales and Mobility for Warehouse and Mechanics.

Ramco Aviation Suite will enable high productivity and automation of MRO Operations by moving away from manual recording of data and enabling access to real-time information. The application will ensure high efficiency with its next generation capabilities like straight through processing, mobility, hub-based architecture and secured technology. The system also enables Task card digitization with electronic signature capability to achieve paperless operations with dual authentication.

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.

Ramco Systems Share Price

372.00 -7.70 (-2.03%)
25-Apr-2024 10:33 View Price Chart
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