Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 459.50, up by 2.80 points or 0.61% from its previous closing of Rs. 456.70 on the BSE.

The scrip opened at Rs. 457.50 and has touched a high and low of Rs. 460.95 and Rs. 444.00 respectively. So far 16321 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.90 on 11-Jan-2018 and a 52 week low of Rs. 313.15 on 15-Jun-2017.

Last one week high and low of the scrip stood at Rs. 475.00 and Rs. 444.00 respectively. The current market cap of the company is Rs. 1403.86 crore.

The promoters holding in the company stood at 54.75%, while Institutions and Non-Institutions held 23.35% and 21.90% respectively.

Ramco System’s subsidiary -- Ramco System Inc. has secured a Five year multi-million dollar Payroll Managed Services deal from a Global Top 5 management consulting and professional services firm for processing payroll for more than 45,000 employees.

The multinational firm’s decision to outsource its complete Payroll operations is part of its strategic decision to effectively address the complex payroll business processes revolving around managing high volume of employees. This win is in continuation to the addition of multiple Fortune 100 giants that have partnered with Ramco for their Multi-country Payroll processing.

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.