-24.80 (-5.20%) Ramco Systems is currently trading at Rs. 942.75, up by 18.25 points or 1.97% from its previous closing of Rs. 924.50 on the BSE.
The scrip opened at Rs. 937.50 and has touched a high and low of Rs. 961.00 and Rs. 757.50 respectively. So far 15889 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1014.00 on 03-Jul-2015 and a 52 week low of Rs. 218.05 on 15-Jul-2014.
Last one week high and low of the scrip stood at Rs. 982.00 and Rs. 864.00 respectively. The current market cap of the company is Rs. 2822.25 crore.
The promoters holding in the company stood at 69.18% while Institutions and Non-Institutions held 7.68% and 23.14% respectively.
Ramco Systems, a leading Maintenance & Engineering (M&E) and MRO software provider to Global Aerospace and Defence industry, has signed a multi-year global mandate with Cobham Aviation Services, aviation solution specialist to defence, government and commercial customers, to implement a company-wide engineering transformation programme.
Cobham Aviation Services will implement the Ramco Aviation suite to benefit from best practice business processes for engineering, logistics and airworthiness management of its 140+ fleet around the world. Ramco Aviation suite will replace multiple legacy systems to deliver one integrated and unified view of engineering operations to Cobham Aviation Services, worldwide.
Ramco Systems is part of $1 billion Ramco Group, offering sofware for HCM, ERP and aviation verticals. The company’s payroll solutions are offered in Asia Pacific, Middle East and Australia, among other countries.