Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 225.55, up by 7.05 points or 3.23% from its previous closing of Rs. 218.50 on the BSE.

The scrip opened at Rs. 215.70 and has touched a high and low of Rs. 226.00 and Rs. 215.70 respectively. So far 1221 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 520.85 on 25-Apr-2018 and a 52 week low of Rs. 200.00 on 11-Feb-2019.

Last one week high and low of the scrip stood at Rs. 226.00 and Rs. 200.00 respectively. The current market cap of the company is Rs. 679.66 crore.

The promoters holding in the company stood at 54.62%, while Institutions and Non-Institutions held 22.84% and 22.54% respectively.

Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), a member of MMC Group has sealed an agreement with Ramco Systems to upgrade the port’s current Enterprise Resource Planning system (ERP) system.

The upgrade is part of PTP’s continuous efforts in empowering its digital strategy and enhancing its operational efficiency. In addition, it is also to supplement the port’s growing customer demand and requirement of the industry. Under the agreement, Ramco will implement its comprehensive ERP suite comprising Procurement, Inventory, Finance, Maintenance, Human Capital Management, Treasury, Loan Management, as well as Planning & Budgeting.

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.