Ramco soars on unveiling new HR & Talent Management solution ‘Ramco HCM on Cloud’

07 Nov 2013

Ramco Systems is currently trading at Rs. 98.80, up by 6.80 points or 7.39% from its previous closing of Rs. 92.00 on the BSE.

The scrip opened at Rs. 90.00 and has touched a high and low of Rs. 98.80 and Rs. 90.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.50 on 07-Nov-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. 95.75 and Rs. 90.00 respectively. The current market cap of the company is Rs. 155.00 crore.

The promoters holding in the company stood at 68.73% while Institutions and Non-Institutions held 2.16% and 29.12% respectively.

Ramco Systems, an enterprise software product company focused on delivering ERP on Cloud, Tablets and Smart phones has showcased its all new HR & Talent Management solution, Ramco HCM on Cloud (Human Capital Management). Since the global launch of Ramco HCM on Cloud in June this year, Ramco has added some of the largest business conglomerates in the region as its customer.

Besides, in the last five weeks, the company added 6 new customers for its ERP/ HCM on Cloud offering. This includes Sharaf DG, Engsol, DaarYaas Group, Al Shabab Club, Blue Nile Mashreq Bank and Nesma. The six new customers will together add around 30,000+ users for Ramco HCM. The company also announced go-live of 5 HCM customers which added 15000+ users in the region on Ramco HCM.

Ramco HCM on Cloud is a comprehensive solution that covers every aspect of an employee lifecycle: Workforce Management, Recruitment, Talent Management, Employee Development, Workforce Planning and Payroll & Benefits. The company has been offering its on-premise HCM software globally, and has customers with employee size of 100,000+. The company also offers an integrated Payroll on Cloud solution for all GCC countries and most of Africa.

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