Ramco Systems signs large multi-million dollar agreements

Ramco Systems has signed large multi-million dollar agreements for various business units.

The Ramco Aviation, Aerospace & Defense business unit has signed and order from a leading European MRO for delivering full suite Ramco Aviation Software, to digitally transform their MRO Business consisting of Line Maintenance, Heavy Maintenance, Engine Shops, Component Shops & Supply Chain. In addition, they would also benefit from Digital enablers such as Mobility Applications, Bots, HUBs, AI, Dashboards and 3rd party integration offerings powered by Ramco.

The Ramco ERP business unit has signed agreement with Agrifields DMCC, one of the largest companies in the trading of fertilizers and other agricultural inputs in the middle east will be implementing Ramco ERP Suite including modules for Inventory, Procurement, Production, Maintenance, along with real time integration to plant operations via RTI (Real Time Integrator) for its operations in Philippines.

The Ramco HR & Global Payroll business unit has signed a leading global multinational producing fire, HVAC, and security equipment for buildings and an existing Ramco Managed Payroll client across 12 countries, now extends the coverage to add 5000+ employees in Japan - thus extending its trust on Ramco.

Ramco HR & Global Payroll business unit has signed with a leading global multinational in the Energy sector will consolidate its Payroll operations across 20+ countries in Asia, Middle East and South Africa on Ramco's Next generation Managed Payroll Services platform.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.568.25 as compared to the previous close of Rs. 517.6. The total number of shares traded during the day was 190124 in over 4537 trades.

The stock hit an intraday high of Rs. 569.35 and intraday low of 524.9. The net turnover during the day was Rs. 106321244.

Source : Equity Bulls

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