Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
465.75
-11.30 (-2.37%)
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Ramco Systems inches up on signing deal with DLF for ERP Transformation

Date: 27-01-2021

Ramco Systems is currently trading at Rs. 638.80, up by 0.35 points or 0.05% from its previous closing of Rs. 638.45 on the BSE.

The scrip opened at Rs. 633.00 and has touched a high and low of Rs. 670.00 and Rs. 623.20 respectively. So far 14220 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 784.15 on 11-Jan-2021 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. 713.00 and Rs. 623.20 respectively. The current market cap of the company is Rs. 1955.16 crore.

The promoters holding in the company stood at 54.58%, while Institutions and Non-Institutions held 10.44% and 34.98% respectively.

Ramco Systems is going to implement Ramco ERP Software at DLF, India's leading real estate provider to digitally transform DLF's business operations end to end.

Ramco Systems will implement its next-gen intelligent ERP with real estate specific modules including finance, procurement, property development & sales, leasing & utility billing, asset management and project management. In addition to automating and integrating all construction, marketing, sales and rental operations, the project aims to redesign processes using the latest digital technologies. The solution will provide DLF management with real time information and control from anywhere and anytime, right from mobile.

Ramco Systems 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&EMRO for Aviation.