Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
429.10
-23.15 (-5.12%)
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Ramco Systems surges on implementing Services ERP Suite at AI Jazeera Support Services

Date: 27-11-2018

Ramco Systems is currently trading at Rs. 311.00, up by 3.90 points or 1.27% from its previous closing of Rs. 307.10 on the BSE.

The scrip opened at Rs. 308.80 and has touched a high and low of Rs. 318.00 and Rs. 307.00 respectively. So far 534 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. 318.00 and Rs. 305.00 respectively. The current market cap of the company is Rs. 951.27 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 successfully implemented its Services ERP Suite for Staffing - Ramco Staffing ERP, at Saudi Arabian rental manpower conglomerate AI Jazeera Support Services - MEHAN, to integrate its organisation-wide project management, HCM and finance processes.

With modules for Staffing, Payroll, Recruitment, Finance & Accounting, Ramco’s integrated Staffing ERP Suite has replaced multiple point solutions, thus automating MEHAN’s payroll and billing operations, eliminating human errors and manual intervention, thereby arresting revenue leakage.

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.