Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 200.00, up by 5.10 points or 2.62% from its previous closing of Rs. 194.90 on the BSE.

The scrip opened at Rs. 202.30 and has touched a high and low of Rs. 202.30 and Rs. 195.05 respectively. So far 1713 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 238.63 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. 210.00 and Rs. 179.90 respectively. The current market cap of the company is Rs. 477.50 crore.

The promoters holding in the company stood at 70.70% while Institutions and Non-Institutions held 5.09% and 24.21% respectively.

Mother Dairy, India’s leading milk and dairy major, has signed five-year agreement with Ramco Systems, an enterprise software product company focused on delivering ERP on Cloud, to connect its extended network of over 30 subcontractors with an end-to-end ERP that can seamlessly integrate with its existing SAP instance at the principal site.

In phase I, subcontractors of Mother Dairy’s Ice Cream business have gone live on the solution. This will help Mother Dairy get better control over purchase, have visibility of supply, ensure centralized approvals, quicker MRP and better product traceability thereby streamlining operations across locations. Also, this will help Mother Dairy track consumption pattern, trace batch quality, centralize approval of price list, and manage inventory.

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.