Ramco Systems gains on launching Aviation Software on Cloud for Heli-operators

08 Mar 2013

Ramco Systems is currently trading at Rs. 93.10, up by 2.00 points or 2.20% from its previous closing of Rs. 91.10 on the BSE.

The scrip opened at Rs. 91.45 and has touched a high and low of Rs. 93.10 and Rs. 91.45 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.00 on 16-Jul-2012 and a 52 week low of Rs. 79.30 on 14-Feb-2013.

Last one week high and low of the scrip stood at Rs. 98.00 and Rs. 80.00 respectively. The current market cap of the company is Rs. 146.00 crore.

The promoters holding in the company stood at 67.81% while Institutions and Non-Institutions held 2.16% and 30.03% respectively.

Ramco Systems, the global Aviation Software provider on Cloud, Mobile and Tablets has launched its ultra-cool, mobile-enabled software ‘Ramco Aviation on Cloud’ for the Heli-operator segment at the Heli-Expo 2013, the most coveted global show for Heli-operators. The company has been a leading provider of MRO and M&E software for the Heli-operator segment, and with the launch of a cloud version, will be able to offer customers delivery options that best fit their needs.

The newly launched cloud offering will address the unique needs of small operators/ MROs in the Heli-operator segment, which hitherto, had to either run on disparate point solutions or manually on paper/excel. The only other option available was on-premise Aviation MRO software that was high on cost, required maintenance, frequent upgrades and was built to address large and complex environments.

Ramco Systems is a leading software company focused on consulting, product and managed services business. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments.

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