This order is to be provided to a Fortune 200, a leading aerospace company that designs, manufactures, deploys and supports commercial aviation products for more than 300 Airlines in the world.
Ramco Aviation Suite will help Panasonic integrate and simplify Service Program Management, Repair, Line Maintenance, Supply Chain Management, Technical Services, Compliance & Quality, MRO Sales and other activities.
Ramco’s Advanced Planning & Optimisation Solution will enable forward inventory planning and execution across the Panasonic Technical Services Network from strategic distribution centres (such as Bothell in Washington, United States and Osaka, Japan) to repair, line maintenance and customer forward stocking locations.
Ramco Systems Ltd is currently trading at Rs 401.5, up by Rs 3.25 or 0.82% from its previous closing of Rs 398.25 on the BSE.
The scrip opened at Rs 403.15 and has touched a high and low of Rs 410.65 and Rs 394.65 respectively. So far 190963(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1212.08 crore.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 680 on 02-Aug-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 414.4 and Rs 335.5 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.
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