Ramco Systems Ltd.

Ramco Systems is currently trading at Rs. 272.00, up by 10.25 points or 3.92% from its previous closing of Rs. 261.75 on the BSE.

The scrip opened at Rs. 264.80 and has touched a high and low of Rs. 275.00 and Rs. 264.80 respectively. So far 3551 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. 276.20 and Rs. 248.30 respectively. The current market cap of the company is Rs. 810.10 crore.

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

Ramco Systems has been chosen by Opteon Solutions, an international provider of property valuation and advisory services based in Australia and New Zealand, to digitise the company’s payroll operations.

Ramco will implement its Single Touch Payroll-enabled suite, which comes with user-friendly modules that streamline functions such as calculation of salary, increments and incentives, retroactive pay, country-specific statutory compliance, as well as tax reporting. The award-winning Payroll software will integrate with Workday HR. It also features innovative elements such as artificial intelligence and machine learning to guide user transactions and prevent data processing errors.

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.