Ramco wins order from Zhuhai-based company

India Infoline News Service | Mumbai | July 13, 2017 13:52 IST

Ramco System, a provider of Aviation and Maintenance software on Cloud and Mobile, announced on Thursday that the company won an order from China Southern Airlines General Aviation Ltd. (CSAGA) for integrating its organisation-wide maintenance and engineering operations.

Ramco System, a provider of Aviation and Maintenance software on Cloud and Mobile, announced on Thursday that the company won an order from China Southern Airlines General Aviation Ltd. (CSAGA) for integrating its organisation-wide maintenance and engineering operations.
 
CSAGA will implement Ramco Aviation Maintenance & Engineering Suite 5.8, enabling its staff across China to automate and manage fleet data in real time.
 
Ramco Aviation Suite V5.8 is a powerful enterprise application that covers the entire spectrum of maintenance operations both for the civil and the military helicopters from maintenance planning to line, hangar, shop and engine maintenance, reliability and engineering, and technical records.
 
Ramco System was trading at Rs 340, up by 1.04 % on BSE at 1241 hours. The scrip touched its intraday high and low at Rs 350.50 and 335.50, respectively. It opened on Thursday at Rs 337, while on Wednesday it closed at Rs 336.50.
 
Stock View:
 
Ramco Systems Ltd is currently trading at Rs 344.5, up by Rs 8 or 2.38% from its previous closing of Rs 336.5 on the BSE.
 
The scrip opened at Rs 337 and has touched a high and low of Rs 350.5 and Rs 335.5 respectively. So far 81216(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1024.14 crore.
 
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 706 on 11-Jul-2016 and a 52 week low of Rs 286 on 15-Dec-2016. Last one week high and low of the scrip stood at Rs 346.9 and Rs 336 respectively.

The promoters holding in the company stood at 55.01 % while Institutions and Non-Institutions held 22.59 % and 22.4 % respectively.
The stock is currently trading above its 200 DMA.


***Note: This is a NSE Chart

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