-14.75 (-3.00%) Ramco Systems is currently trading at Rs. 289.40, up by 1.25 points or 0.43% from its previous closing of Rs. 288.15 on the BSE.
The scrip opened at Rs. 285.05 and has touched a high and low of Rs. 296.00 and Rs. 285.00 respectively. So far 5424 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 686.00 on 16-Jul-2021 and a 52 week low of Rs. 221.55 on 14-Jun-2022.
Last one week high and low of the scrip stood at Rs. 298.75 and Rs. 268.05 respectively. The current market cap of the company is Rs. 889.50 crore.
The promoters holding in the company stood at 54.28%, while Institutions and Non-Institutions held 8.36% and 37.37% respectively.
Ramco Systems has successfully gone live at Air Asia Company (AACL), Taiwan’s first privately-owned aircraft maintenance company catering to aircraft maintenance of commercial aircraft, helicopters, military and a designated ‘Government owned contractor operated facility’ (GOCO), with its Aviation M&E MRO Suite V5.9, thereby automating and digitally transforming AACL’s business processes.
With modules for Production Planning, Commercials, Maintenance Execution and Supply Chain Management, Ramco’s one stop solution, Ramco Aviation Suite V5.9 replaced AACL’s existing legacy system for proposal management, production Planning, heavy maintenance process for commercial aircraft, and interfaces with AACL’s inventory management solution.
As a result, AACL has now recorded a 15% reduction in its production planning process. In addition, Ramco’s next-gen innovations like its Mechanic Anywhere mobile app and real-time Dashboards together with the digital transformation initiatives for Task Card Management, Electronic Signoffs, enable the company to streamline communication between its departments, analyze manhour consumptions, track opportunity details, progress of work packages and report non-routine tasks on the go.
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.