Ramco Systems touches the roof on opening new office in Puerto Rico, USA

10 Jul 2013

Ramco Systems is currently trading at its upper circuit limit of Rs. 93.55, up by 8.50 points or 9.99% from its previous closing of Rs. 85.05 on the BSE.

The scrip opened at Rs. 92.40 and has touched a high and low of Rs. 93.55 and Rs. 92.40 respectively. So far 4551 shares were traded on the counter.

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. 67.55 on 04-Jul-2013.

Last one week high and low of the scrip stood at Rs. 93.55 and Rs. 67.55 respectively. The current market cap of the company is Rs. 147.24 crore.

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

Ramco Systems, an enterprise software product company, has set up its fourth office in the Americas in Puerto Rico. Close on the heels of opening its new office, Ramco signed its first ERP on Cloud customer in the region, Vassallo Industries. This deal was signed through Ramco's partner Xtrategit. Ramco has been steadily growing its footprint in the North American region with 5 new cloud ERP customers and an active partner network.

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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