Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 405.50, up by 7.25 points or 1.82% from its previous closing of Rs. 398.25 on the BSE.

The scrip opened at Rs. 403.15 and has touched a high and low of Rs. 410.65 and Rs. 394.65 respectively. So far 19,299 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 680.00 on 02-Aug-2016 and a 52 week low of Rs. 286.00 on 14-Dec-2016.

Last one week high and low of the scrip stood at Rs. 414.40 and Rs. 345.50 respectively. The current market cap of the company is Rs. 1,234.14 crore.

The promoters holding in the company stood at 55.01%, while Institutions and Non-Institutions held 22.59% and 22.40% respectively.

Ramco Systems has secured an order from Panasonic Avionics Corporation for its Aviation M&E MRO Suite V5.8. Ramco Aviation Suite will help Panasonic integrate and simplify Service program management, repair, line maintenance, supply chain management, technical services, compliance & quality, MRO sales and other activities.

Ramco’s Advanced Planning & Optimization Solution, powered by GAINS, will enable forward inventory planning and execution across the Panasonic Technical Services Network: from strategic distribution centers such as Bothell in Washington, United States and Osaka, Japan to repair, line maintenance and customer forward stocking locations.

Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.