Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 188.00, up by 5.50 points or 3.01 % from its previous closing of Rs. 182.50 on the BSE.

The scrip opened at Rs. 180.10 and has touched a high and low of Rs. 188.00 and Rs. 180.10 respectively. So far 3640 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 238.67 on 07-Mar-2014 and a 52 week low of Rs. 64.39 on 04-Jul-2013.

Last one week high and low of the scrip stood at Rs. 196.50 and Rs. 170.05 respectively. The current market cap of the company is Rs. 448.85 crore.

The promoters holding in the company stood at 68.18 % while Institutions and Non-Institutions held 2.20 % and 29.62 % respectively.

Norske Skog Australasia, a subsidiary of Norske Skogindustrier ASA, (one of the largest producers of publication paper in the world), has signed an agreement with global Cloud ERP provider Ramco Systems for Cloud ERP integrated with Asset Management & Financials for its Australasian operations.

Norske Skog Australasia was using legacy enterprise solutions for its Financial and Asset Management requirements that were due for upgrade. The company decided to look for a technology solution built on a modern cloud based architecture to address its present and future IT needs.

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.