 "Ramco Systems surges on signing pact with Australian firm")
Ramco Systems has surged 14% to Rs 888 on the BSE after the Australian coffee manufacturer FreshFood signed a pact with the company to replace its legacy systems with mobile-based postmodern enterprise resource planning (ERP).
“Manufacturer and coffee supplier of - The House of Robert Timms, Bushells Coffee, Café-Bar and Picco brands – FreshFood Management Services (FreshFood) signed a pact with the company to replace its legacy systems with a mobile-based postmodern ERP. Ramco’s partner, Megasoft played a vital role in this engagement”, Ramco Systems said in a statement.
The stock opened at Rs 781 and touched a 52-week high of Rs 892 on the BSE. Till 1223 hours, a combined around 230,000 shares changed hands on the counter on the BSE and NSE.
Meanwhile, the stock has rallied 27% in the past three trading sessions from Rs 699 on June 29, compared to a 1.3% rise in the S&P BSE Sensex.
“Manufacturer and coffee supplier of - The House of Robert Timms, Bushells Coffee, Café-Bar and Picco brands – FreshFood Management Services (FreshFood) signed a pact with the company to replace its legacy systems with a mobile-based postmodern ERP. Ramco’s partner, Megasoft played a vital role in this engagement”, Ramco Systems said in a statement.
The stock opened at Rs 781 and touched a 52-week high of Rs 892 on the BSE. Till 1223 hours, a combined around 230,000 shares changed hands on the counter on the BSE and NSE.
Meanwhile, the stock has rallied 27% in the past three trading sessions from Rs 699 on June 29, compared to a 1.3% rise in the S&P BSE Sensex.
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