Ramco Systems surges on imposing Ramco Aviation Suite V5.8 at SRSC

Ramco Systems surges on imposing Ramco Aviation Suite V5.8 at SRSC

by admin- Tuesday, April 2nd, 2019 04:00:23 PM

Ramco Systems is currently trading at Rs. 260.05, up with the aid of 6.Forty five factors or 2.Fifty four% from its previous closing of Rs. 253.60 on the BSE.

The scrip opened at Rs. 252.00 and has touched a excessive and low of Rs. 262.50 and Rs. 251.40 respectively. So a long way 1122 stocks have been traded at the counter.

The BSE organization ‘B’ stock of face cost Rs. 10 has touched a fifty two week high of Rs. 520.Eighty five on 25-Apr-2018 and a 52 week low of Rs. 2 hundred.00 on 11-Feb-2019.

Last one week high and low of the scrip stood at Rs. 262.50 and Rs. 228.Forty respectively. The contemporary market cap of the company is Rs. 775.Eighty three crore.

The promoters keeping inside the corporation stood at 54.Sixty two%, whilst Institutions and Non-Institutions held 22.Eighty four% and 22.54% respectively.

Ramco Systems has successfully applied Ramco Aviation Suite V5.Eight at Saudi Rotorcraft Support Company (SRSC), Riyadh, Saudi Arabia to accelerate company-extensive virtual transformation. The pass-live witnessed the a success implementation of Ramco’s whole Aviation Suite with modules for MRO Sales, Maintenance, Supply Chain Management, Finance, bundled with complete HCM which includes Payroll.

Before the partnership with Ramco, Payroll Process, Finance Process, Procurement Process had been performed manually. Ramco helped build SRSC’s technological foundation floor up, deploying its Aviation Suite V5.8 to reinforce operational efficiencies and streamline their approaches.

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