-32.80 (-7.47%) Ramco Systems is currently trading at Rs. 541.00, up by 27.45 points or 5.35% from its previous closing of Rs. 513.55 on the BSE.
The scrip opened at Rs. 520.00 and has touched a high and low of Rs. 563.40 and Rs. 520.00 respectively. So far 25,103 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 900.00 on 09-Nov-2015 and a 52 week low of Rs. 494.00 on 22-Aug-2016.
Last one week high and low of the scrip stood at Rs. 563.40 and Rs. 494.00 respectively. The current market cap of the company is Rs. 1627.48 crore.
The promoters holding in the company stood at 55.91%, while Institutions and Non-Institutions held 25.93% and 18.16% respectively.
Ramco Systems’ subsidiary - Ramco Systems, Singapore, has secured order from one of the top 5 most valuable global brands for Ramco HCM & Payroll in Asia-Pacific region (APAC).
The company has recently formed a strategic partnership to help enterprises take better advantage of cloud payroll solutions. The partnership would combine CloudPay’s SaaS platform and expertise in managed payroll for multinational organizations with Ramco’s leading payroll software to deliver solutions for today’s increasingly complex and disbursed workforces.
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.