Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
431.25
-21.00 (-4.64%)
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Ramco Systems surges on implementing Ramco Aviation Suite V5.8 at SRSC

Date: 02-04-2019

Ramco Systems is currently trading at Rs. 260.05, up by 6.45 points or 2.54% from its previous closing of Rs. 253.60 on the BSE.

The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 262.50 and Rs. 251.40 respectively. So far 1122 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. 262.50 and Rs. 228.40 respectively. The current market cap of the company is Rs. 775.83 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 successfully implemented Ramco Aviation Suite V5.8 at Saudi Rotorcraft Support Company (SRSC), Riyadh, Saudi Arabia to accelerate organization-wide digital transformation. The go-live witnessed the successful implementation of Ramco’s complete Aviation Suite with modules for MRO Sales, Maintenance, Supply Chain Management, Finance, bundled with complete HCM including Payroll.

Before the partnership with Ramco, Payroll Process, Finance Process, Procurement Process were carried out manually. Ramco helped build SRSC’s technological foundation ground up, deploying its Aviation Suite V5.8 to boost operational efficiencies and streamline their processes.

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.