Hot Pursuit
Home >> Markets >> Equity >> News >> Hot Pursuit Detailed News
Ramco Systems climbs after winning contract
(14:37, 11 Jul 2018)
The announcement was made during trading hours today, 11 July 2018.

Meanwhile, the S&P BSE Sensex was up 84.31 points, or 0.23% to 36,323.93.

On the BSE, 8,981 shares were traded in the counter so far compared with average daily volumes of 3,920 shares in the past two weeks. The stock had hit a high of Rs 380.25 and a low of Rs 358 so far during the day. The stock hit a 52-week high of Rs 572.90 on 11 January 2018. The stock hit a 52-week low of Rs 318.10 on 28 June 2018.

Ramco will provide end-to-end solution to HAECO ITM, a HAECO Group company which provides Inventory Technical Management solutions by unifying various techno-commercial functions - covering customer contract management, supply chain management, inventory management, financial management, and component engineering including reliability management - on a single platform equipped with advanced supply chain planning and optimisation. Ramco Aviation Suite will integrate with HAECO's existing business systems, while the partnership will also enable HAECO ITM to interface with customers and suppliers through Aeroxchange.

HAECO ITM provides services ranging from flexible inventory pooling options, Power-By-The-Hour support services and repair management to ad-hoc loans, exchanges and worldwide AOG support. With extensive component engineering and airline operating experience and strong in-house repair capabilities, HAECO ITM offers customised, innovative and cost effective component management solutions with guaranteed service level and high quality component maintenance to ensure customer fleet performance and technical dispatch reliability.

On a consolidated basis, net profit of Ramco Systems fell 46.38% to Rs 4.30 crore on 3.74% increase in net sales to Rs 118.58 crore in Q4 March 2018 over Q4 March 2017.

Ramco Systems is an enterprise software player providing cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     347.45   Up   1.25 (0.36%)   Asian Paints Ltd     1,321.30   Up   3.00 (0.23%)   Axis Bank Ltd     619.80   Down   -6.30 (-1.01%)   Bajaj Auto Ltd     2,695.35   Up   26.50 (0.99%)   Bajaj Finance Ltd     2,402.10   Up   60.80 (2.60%)   Bajaj Finserv Ltd     5,695.65   Up   98.55 (1.76%)   Bharat Petroleum Corporation Ltd     322.05   Up   0.20 (0.06%)   Bharti Airtel Ltd     332.75   Up   28.35 (9.31%)   Bharti Infratel Ltd     259.60   Up   4.20 (1.64%)   Cipla Ltd     530.60   Up   11.45 (2.21%)   Coal India Ltd     263.65   Up   0.50 (0.19%)   Dr Reddys Laboratories Ltd     2,477.05   Up   15.25 (0.62%)   Eicher Motors Ltd     24,735.00   Up   789.65 (3.30%)   GAIL (India) Ltd     342.20   Down   -5.35 (-1.54%)   Grasim Industries Ltd     831.90   Up   23.20 (2.87%)   HCL Technologies Ltd     1,022.20   Up   33.45 (3.38%)   HDFC Bank Ltd     2,004.30   Up   29.15 (1.48%)   Hero Honda Motors Ltd     2,961.90   Up   39.75 (1.36%)   Hindalco Industries Ltd     229.95   Down   -3.65 (-1.56%)   Hindustan Petroleum Corporation Ltd     243.65   Down   -5.45 (-2.19%)   Hindustan Unilever Ltd     1,689.10   Down   -16.95 (-0.99%)   Housing Development Finance Corporation Ltd     1,889.00   Up   35.40 (1.91%)   ICICI Bank Ltd     367.55   Down   -2.45 (-0.66%)   Indiabulls Housing Finance Ltd     766.20   Down   -38.65 (-4.80%)   Indian Oil Corporation Ltd     143.35   Down   -3.30 (-2.25%)   IndusInd Bank Ltd     1,501.10   Down   -11.05 (-0.73%)   Infosys Technologies Ltd     650.85   Down   -5.55 (-0.85%)   ITC Ltd     276.55   Up   2.05 (0.75%)   JSW Steel Ltd     335.10   Down   -9.50 (-2.76%)   Kotak Mahindra Bank Ltd     1,168.60   Up   6.35 (0.55%)   Larsen & Toubro Ltd     1,399.05   Up   0.55 (0.04%)   Mahindra & Mahindra Ltd     767.60   Up   1.10 (0.14%)   Maruti Suzuki India Ltd     7,341.20   Down   -137.10 (-1.83%)   NIFTY (S&P CNX)     10,682.20   Up   65.50 (0.62%)   NTPC Ltd     154.05   Up   0.25 (0.16%)   Oil & Natural Gas Corpn Ltd     156.35   Down   -2.50 (-1.57%)   Power Grid Corporation of India Ltd     188.10   Up   1.00 (0.53%)   Reliance Industries Ltd     1,127.40   Up   30.55 (2.79%)   State Bank of India     290.90   Up   5.50 (1.93%)   Sun Pharmaceuticals Industries Ltd     519.75   Up   4.65 (0.90%)   Tata Consultancy Services Ltd     1,886.60   Up   13.75 (0.73%)   Tata Motors Ltd     179.90   Down   -0.30 (-0.17%)   Tata Steel Ltd     574.10   Down   -15.25 (-2.59%)   Tech Mahindra Ltd     728.00   Up   13.10 (1.83%)   Titan Company Ltd     921.35   Up   0.55 (0.06%)   UltraTech Cement Ltd     3,962.40   Up   49.45 (1.26%)   UPL Ltd     771.85   Up   8.20 (1.07%)   Vedanta Ltd     206.80   Down   -0.75 (-0.36%)   Wipro Ltd     326.20   Up   3.05 (0.94%)   Yes Bank Ltd     191.00   Down   -14.85 (-7.21%)   Zee Entertainment Enterprises Ltd     443.60   Up   2.40 (0.54%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com