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Ramco Systems gains on partnering with Life Flight Network

Ramco Systems is currently trading at Rs. 195.50, up by 1.10 points or 0.57% from its previous closing of Rs. 194.40 on the BSE.

The scrip opened at Rs. 192.75 and has touched a high and low of Rs. 195.50 and Rs. 192.75 respectively. So far 26 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 413.90 on 06-Aug-2018 and a 52 week low of Rs. 187.20 on 28-May-2019.

Last one week high and low of the scrip stood at Rs. 209.35 and Rs. 192.75 respectively. The current market cap of the company is Rs. 589.78 crore.

The promoters holding in the company stood at 54.71%, while Institutions and Non-Institutions held 20.98% and 24.30% respectively.

Ramco Systems has partnered with Life Flight Network a nationally-recognized, not-for-profit air medical service based in Aurora, Oregon. Life Flight Network has successfully implemented Ramco Aviation Suite V5.8, integrating and enhancing safety, operations, maintenance, compliance and other key functions for its four-state network of air ambulance bases.

Bundled with Ramco’s Electronic Flight Bag (EFB) and Risk Assessment Feature, the software is a one-stop technology solution for management of Life Flight Network’s fleet of more than 40 rotor and fixed-wing aircraft.

Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.

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