Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 310.85, up by 6.05 points or 1.98% from its previous closing of Rs. 304.80 on the BSE.

The scrip opened at Rs. 305.70 and has touched a high and low of Rs. 312.00 and Rs. 305.00 respectively. So far 778 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. 279.90 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 319.00 and Rs. 279.90 respectively. The current market cap of the company is Rs. 944.14 crore.

The promoters holding in the company stood at 54.64%, while Institutions and Non-Institutions held 23.20% and 22.17% respectively.

Ramco Systems has extended its decade-long business relationship with US heli-operator PHI, Inc. for a company-wide enterprise software upgrade. PHI, Inc., a long-time commercial aviation customer of Ramco, will upgrade the company and its subsidiaries to the latest version of Ramco Aviation M&E MRO Suite 5.8 to manage its multi-entity maintenance and flight operations of aircraft.

Following a recent acquisition, PHI’s fleet now numbers more than 250 aircraft in multiple models, and it plans to have around 3,000 users in the US, New Zealand and 12 other countries using Ramco Aviation software.

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.