Ramco Systems is currently trading at Rs. 482.50, up by 10.00 points or 2.12% from its previous closing of Rs. 472.50 on the BSE.
The scrip opened at Rs. 469.05 and has touched a high and low of Rs. 490.00 and Rs. 460.55 respectively. So far 29143 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. 499.55 and Rs. 441.00 respectively. The current market cap of the company is Rs. 1445.90 crore.
The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 9.63% and 35.67% respectively.
Ramco Systems has signed up an agreement with NOMAC, which provides high quality Operation & Maintenance (O&M) services for production of electricity and desalinated water worldwide.
NOMAC will be modernizing and transforming its multi-country Payroll operations on Ramco's Global Payroll platform. NOMAC will be unifying its payroll operations in 11 plus countries across Middle East & Africa covering 2600 plus employees.
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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