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Ramco spurts on successfully implementing Aviation Maintenance software in GoAir's systems

02 May 2013 Evaluate

Ramco Systems is currently trading at Rs 105.00, up by 5.00 points or 5.00% from its previous closing of Rs 100.00 on the BSE.

The scrip opened at Rs 101.00 and has touched a high and low of Rs 105.00 and Rs 100.00 respectively. So far 390 shares were traded on the counter.

The BSE group 'T' 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 109.85 and Rs 98.50 respectively. The current market cap of the company is Rs 165.24 crore.

The promoters holding in the company stood at 68.50 % while Institutions and Non-Institutions held 2.16 % and 29.34 % respectively.

Airlines (GoAir), a leading provider of low fare services in the growing Indian aviation market, has successfully gone live in record time on Ramco's Aviation Maintenance & Engineering (M&E) suite of software for its 15 fleet across 21 base stations.

The go-live marked Ramco's web-based Series 5 M&E software and Ramco ePublications, seamlessly integrate with GoAir's existing Flight Operations ARMS system and SAP Financials. Integration with ARMS has helped GoAir create journey logs automatically whereby users get to know of flight schedules in advance, thus enabling them in better aircraft planning. Ramco's integration with SAP financials has helped in smooth flow of transactions between the two systems.

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.

Ramco Systems Share Price

439.70 1.85 (0.42%)
17-Apr-2026 16:59 View Price Chart
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