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Ramco Systems surges on inking MoU with Turbomeca

28 Feb 2014 Evaluate

Ramco Systems is currently trading at Rs. 199.00, up by 0.45 points or 0.23 % from its previous closing of Rs. 198.55 on the BSE.

The scrip opened at Rs. 197.90 and has touched a high and low of Rs. 199.00 and Rs. 197.90 respectively. So far 779 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 211.00 on 23-Jan-2014 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. 199.75 and Rs. 163.00 respectively. The current market cap of the company is Rs. 315.05 crore.

The promoters holding in the company stood at 68.54 % while Institutions and Non-Institutions held 2.15 % and 29.31 % respectively.

Ramco Systems, the global Aviation Software provider on Cloud, Mobile and Tablets has signed Memorandum of Understanding (MoU) with Turbomeca to develop compatibility solutions between Turbomeca's BOOST and Ramco's M & E / MRO solution. The partnership aims at developing interface to integrate both the solutions to help customers, Engine Service Centres and Heli-operators benefit from seamless data transfer.

BOOST is Turbomeca's future range of advanced engine and maintenance management services. With this unique, highly secure web-based application, customers will be able to electronically share data with Turbomeca, and facilitate operations and airworthiness tasks and limit human factors through its specific online features. Due to the electronic engine logbook integrated with the web-Interactive Electronic Technical Publication (IETP), customers will discover an innovative and fully reliable tool for managing engine configuration, which is key for continuous airworthiness management.

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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