RAMCO Systems Ltd's subsidiary, Ramco Systems FZ-LLC, Dubai has secured a five-year order from one of the largest independent family-owned multinationals in the Middle East for implementing Ramco Logistics ERP. The Group which has presence across the Middle East, North Africa, Europe and Asia, and a 4,000-strong workforce, covers a broad range of sectors, including Shipping, Logistics, Travel, Industrial & Energy (Machinery; Oil & Gas; and Power & Industrial Projects), Real Estate & Capital.
The group will implement Ramco Warehouse Management System, part of Ramco Logistics Software, for its Logistics division offering Global Freight Forwarding and end to end Multimodal Supply Chain solutions to effectively manage capacity exceeding 40,000 m2 of storage space, with an open yard storage facility providing storage for petrochemical and having a specialised hazardous chemicals facility in the kingdom of Saudi Arabia.
With this, Ramco Logistics Suite continues to win the trust of leading Logistics Service Providers across Americas, Australia, Middle East, Saudi Arabia, Malaysia, Philippines, Indonesia, and India.
Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.141.25 as compared to the previous close of Rs. 142.05. The total number of shares traded during the day was 1619 in over 33 trades.
The stock hit an intraday high of Rs. 144.35 and intraday low of 141. The net turnover during the day was Rs. 230157.