Ramco Systems in the green
By
Ruma Dubey
about 4 years ago
Ramco Systems today rose over 6.5% to hit an intraday high at Rs.482.95; its 20% UC for the day is at Rs.543.80.
The stock price rose today after the company stated that it will implement its Aviation M&E MRO Suite V5.9 at Draken International, for contract adversary air services (ADAIR) to the defense industry.
Ramco Aviation Software will offer a one-stop solution for managing Draken’s global operations as well as a scalable software platform that will support the company’s rapid expansion plans.
No financial details of the deal were mentioned.