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 Global Top 5 logistics major

Date: 01-10-2020

Ramco Systems is currently trading at Rs. 446.65, up by 20.65 points or 4.85% from its previous closing of Rs. 426.00 on the BSE.

The scrip opened at Rs. 438.10 and has touched a high and low of Rs. 447.30 and Rs. 438.10 respectively. So far 100828 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 447.30 on 01-Oct-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. 447.30 and Rs. 334.20 respectively. The current market cap of the company is Rs. 1366.07 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 up an agreement with a Global Top 5 logistics major for modernizing and transforming its multi-country Payroll operations on Ramco’s Global Payroll platform. The logistics major will be unifying its payroll operations for 15 countries across Middle East & Africa. With this win, Ramco Global Payroll is now trusted by two of the top 10 third party logistics companies, globally.

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.