Ramco Systems Shares: Ramco Systems Share Price NSE/BSE
Ramco Systems Shares done a good job on the Wednesday trading session. The shares made a big jump up to 20% and after that the stock hit upper circuit. Shares of Ramco System started the day at Rs 309.00 and after rising by 20% to hit the upper circuit, the share price closed at Rs 340.90. High for the day was Rs 340.90 and low for the day was 305.00. currently it is not providing any dividend yield. 52-week high for the stock was Rs. 357.00 and 52-week low for the stock was Rs 209.00.
Ramco Systems shares are up by 53.97% in last 1 year, 11.64% up in last 6 months and if we talk about this year then it is up by 17.78% and in last 5 days it has increased by 42.28%. Ramco Systems stock has jumped near 20% on Wednesday trading session. This is the biggest jump seen in this stock today after Feb 7.
Summary
Recent announcement by Ramco Systems Ltd
The surge seen in Ramco System shares on Wednesday was achieved after Ramco System signed a million-dollar deal with Korean Air Lines Corporation. This deal has been signed with Korean Air Company for technological maintenance of their new air parts.
Ramco Systems is providing another software, Ramco Activation Suite to Korean Airlines to unite all the maintenance facilities of its company in one cluster, Ramco Activation Suite with which Korean Airlines will have a total of nine engines.
“The implementation of Ramco Aviation software will transform legacy systems into streamlined operations at existing engine shops or planned expansion sites,” Ramco Systems Ltd said in a regulatory filing.
This deal was announced after when Korean Airlines said about the establishment of its engine Maintenance and Repair and Overhaul (MRO) facility in Unbuk, near Incheon International Airport. The main goal of this facility is to consolidate all engine maintenance into one cluster.
Chan Woo Jung, the vice-president and head of the maintenance and engineering division at Korean Airlines, said Ramco Engine’s implementation of MRO capabilities will help it create new standards, efficiency and precision in engine maintenance and position itself as a new top MRO provider. That’s how much it will cost.
Financial History of Ramco Systems Shares over 5 years
In terms of financial metrics, Ramco Systems Ltd stock has given the return of 42.28% in last 5 years and the revenue of Ramco Systems stock has experienced an annual growth rate of 0.77%, different from the industry average revenue growth rate of 13.36% while the market share has seen a decrease from 0.12% to 0.07%, it’s worth noting the condition of industry changing.
Ramco Systems stock’s day range for the present trading session crossed from a low of Rs 305.00 to a high of Rs 340.90. The range given here tells the direction of the stock going up trend or down trend on the trading day and provides the awareness regarding irregularity and market undertaking.
In difference, the year range indicates that the wider price range of the stock over the past year, ranging from a low of Rs 209.30 to a high of Rs 357.00. This wider range indicated the stock’s production over a long period, offering investors an outlook on its price direction and potential irregularity over a more expanded timeframe. These ranges work for as valuable comment on points for investors and traders, assisting in their analysis and decision-making processes regarding the stock.
Ramco Systems Shares Comparative Analysis to its peers
It is the peer comparison of Ramco Systems Shares to its competitors. This peer comparison is among its PE ratio, PB Ratio and dividend yield.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| Ramco Systems Ltd | -4.57 | 53.97% | – |
| Tata Consultancy Services Ltd | 34.21 | 22.10% | 51.22% |
| Infosys Ltd | 25.89 | 5055% | 62.50% |
| HCL Technologies Ltd | 28.07 | 39.53% | 40.54% |
| Wipro Ltd | 21.95 | 27.86% | 17.95% |
About Ramco Systems Ltd
Ramco Systems Ltd is a multinational leading multinational company which provide software product services and platform. Various technologies which are used by Ramco Systems which are included as Chatbot, AI, Facial Recognition, Voice-enabled navigation, Mobility and Cloud Computing. these technologies are used in these products which include Global Payroll, Time and Attendance, Contract Workforce Management, Finance & Accounting, Asset Management, Transport Management and Warehouse Management.
Ramco Systems was established in year of 1997. it has 30 global offices and its headquarters is in Chennai, India and globally placed more than 35 countries at present. It has 15,00,00 plus users, 1000 plus customers and 1800 plus employees are working here. Ramco Systems’ total income generated is USD 62.48m and total revenue generated is USD 61.79m.
Parent organization of Ramco Systems Ltd is Madras Cements Ltd. and its subsidiaries are Ramco Systems Australia Pty Ltd, MORE.
Things to remember before investing in Ramco Systems Ltd
- Company stock is trading 3.37 times from its book value
- Over the past 5 years it has provide the poor sales growth of 0.96% as compared to the industry sales growth rate
- Companies liabilities are Rs 410 crore 117 days to 68.0 days.
- Company’s capital requirements have reduced from 117 days to 68.0 days
Ramco systems share price target
Ramco Systems is a multinational software company. Its share price target is calculated by using some factors which are included as company’s financial growth, market sentiments, future plans and many more factors.
Ramco systems share price target 2024
Share price target for 2024 be predicted as it could be reach up to Rs 440.00. It is just prediction this price could be increase for future depend upon its financial conditions and market value.
Ramco systems share price target 2025
Share price target for 2025 be predicted as it could be reach up to Rs 550.00. This share price target is offering an opportunity to its investors to earn good return on their investments.
Ramco systems share price target 2026
Share price target for 2026 be predicted as it could be reach up to Rs 610.00. This is just estimation and before making any financial investment please take a advice from your financial expert.
Ramco systems share price target 2030
Share price target for 2030 be predicted as it could be reach up to Rs 1120.00. It is just prediction which is calculated among mentioned factors, but this price can be up and down.
Ramco systems share price target tomorrow
Share price target for tomorrow be predicted as it could be reach up to Rs 370.00.
Ramco systems news today
Ramco systems shares jumped 20% and hits the upper circuit after multi-million-dollar deal with Korean Airlines. Currently it is showing the share price of Rs 340.90.
People also ask
Is Ramco systems a good buy?
Ramco Systems is a small cap software company. If we see its strong performance from few months and its market opinions makes it a good investment option.
Who is the owner of Ramco systems?
P. R. Venketrama Raja (PRV) is the owner of Ramco Systems Ltd.
What is the forecast for Ramco systems?
Share price target for 2024 be predicted as it could be reach up to Rs 440.00 as minimum target price and Rs 490.00 as maximum share price target.
What is the price target of Ramco in 2025?
Share price target for 2024 be predicted as it could be reach up to Rs 550.00. This share price target is offering an opportunity to its investors to earn good return on their investments.
Is Ramco systems a good company to invest?
Ramco systems stock’s TTM PE Ratio is of -4.57 and sector PE is 32.64 and PB Ratio is of 8.70. Ramco Systems is a good company to invest but at this time this stock is showing that it is in overbought zone.
Is Ramco systems undervalued?
Ramco systems share seems to be overvalued as compared to the market average value.
Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.
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