Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
452.25
-24.80 (-5.20%)
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Ramco Systems zooms on signing agreement with CHI Aviation

Date: 21-09-2020

Ramco Systems is currently trading at Rs. 395.40, up by 17.35 points or 4.59% from its previous closing of Rs. 378.05 on the BSE.

The scrip opened at Rs. 394.95 and has touched a high and low of Rs. 396.95 and Rs. 361.05 respectively. So far 80191 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 396.95 on 21-Sep-2020 and a 52 week low of Rs. 64.10 on 21-May-2020.

Last one week high and low of the scrip stood at Rs. 396.95 and Rs. 302.20 respectively. The current market cap of the company is Rs. 1203.28 crore.

The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 9.07% and 36.22% respectively.

Ramco Systems has signed an agreement with CHI Aviation for delivering the full suite Ramco Aviation Software, comprising of Maintenance & Engineering, Supply Chain, MRO Sales, Flight Operations, Manufacturing, and Finance. CHI Aviation is a leading U.S. headquartered helicopter services provider for heavy-lift helicopter services, specializing in support for the construction. With this win, Ramco Aviation Suite now maintains the largest numbers of civilian version of CH-47s Helicopters (Chinooks).

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation.