Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
429.10
-23.15 (-5.12%)
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Ramco Systems gains on the bourses

Date: 09-01-2019

Ramco Systems is currently trading at Rs. 271.90, up by 2.30 points or 0.85% from its previous closing of Rs. 269.60 on the BSE.

The scrip opened at Rs. 265.95 and has touched a high and low of Rs. 278.00 and Rs. 265.95 respectively. So far 6940 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. 266.00 on 26-Dec-2018.

Last one week high and low of the scrip stood at Rs. 281.40 and Rs. 266.95 respectively. The current market cap of the company is Rs. 838.10 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 been selected by a major Australian property and infrastructure group to unify its multi-country payroll operations for 11000 employees on a single platform, which is cloud, mobile and chatbot ready. The company will replace five disparate legacy platforms across Australia, Singapore and Malaysia. The new application will integrate with Workday, Oracle and Kronos.

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.