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Shares of Ramco Systems have surged by almost 20% to Rs 555 on the BSE after reporting a net profit of Rs 8.03 crore in the quarter ended December 2014 as against net loss of Rs 5.49 crore during the previous quarter ended December 2013.
Sales rose 41.80% to Rs 95.93 crore in the quarter ended December 2014 as against Rs 67.65 crore during the previous quarter ended December 2013.
The stock opened at Rs 501 and touched a high of Rs 556 on the BSE. A total of 4,00,000 shares changed hands on the BSE and the NSE so far.
