Ramco touches new high getting closer to 400/share
Shital Jibhe / 10 Jan 2017
Chennai based, Software products and services provider, Ramco Systems soars high on the stock market after its plan of implementing 'Logistics ERP Suite' in US based G&D Integrated. The stock opened on Tuesday with a gain of 1.02% and is currently trading up by 1.05%. It has touched a new high of 397.25.
Chennai based, Software products and services provider, Ramco Systems soars high on the stock market after its plan of implementing 'Logistics ERP Suite' in US based G&D Integrated. The stock opened on Tuesday with a gain of 1.02% and is currently trading up by 1.05%. It has touched a new high of 397.25.
The company is expected to implement its comprehensive Logistics ERP Suite covering Finance & Accounting, Customer Management, Supply Chain Management and Warehouse Management in G&D’s more than 20 facilities spread across North America.
The company’s revenue and EPS has grown at an average of 15 per cent and 3.8 per cent respectively in past five years. Its revenue and EPS stands at Rs 267.26 Cr and 8.17 respectively in FY16.
On quarterly basis, the company’s net profit has registered a growth of 38%.
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