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Ramco Systems bags multi-million dollar deal; stock zooms 10%

Shares of Ramco Systems rallied 10 per cent to scale fresh 52-week high of Rs 620.55 on the BSE on Wednesday after the company said it has signed a multi-million-dollar agreement with a Global Fortune 500 major . We are pleased to intimate you that Ramco Systems has signed a multi-million-dollar agreement with a Global Fortune 500 major to unify and transform its Payroll for 18 countries in Asia Pacific region on Ramco’s Managed Payroll Services. With this win, we have added three Fortune 500 brands as clients for Ramco Global Payroll, in Q3 2020, the company said in a filing to exchanges. Complete with chatbots, voice, and AI/ML, Ramco HR and Global Payroll addresses operational HR modules including Core HR, Time & Attendance & Global Payroll with statutory compliance across 50+ countries.

Ramco Systems spurts on winning orders

Ramco Systems rose 7.65% to Rs 611.70 after the company said it has signed large multi-million dollar agreements in Europe, Asia and America.The Ramco Aviation, Aerospace & Defense business unit signed an 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. The Ramco ERP business unit won an order in Asia. 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.

Ramco Systems hits 52-wk high on winning large multi-million dollar orders

Shares of Ramco Systems rallied 8 per cent to scale fresh 52-week high of Rs 616 on the BSE in the intra-day trade on Monday after the company said its various business units have signed large multi-million dollar agreements with multiple companies based in Europe, Asia and America. The company, however, did not disclose the value of the orders win. In the past two trading days, stock of the IT consulting & services company has risen 19 per cent from the level of Rs 518 hit on Thursday, December 10. Ramco Aviation, Aerospace & Defense signed an agreement with a leading European MRO (Maintenance, Repair & Overhaul) for delivering full suite Ramco Aviation Software to digitally transform their MRO business, consisting of line maintenance, heavy maintenance, engine shops, component shops and 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 co

Ramco Systems signs multi-million dollar agreements

Ramco Systems signs multi-million dollar agreements
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