Ramco Systems Limited Stock Trends in 2018
- The share price of Ramco Systems Limited at the beginning of January 2018 was Rs.531. In the first week, the share price hit the 52-week high priced at Rs.565. However, by the middle of the month, the price of the stock dipped to Rs.549. The second half of the month was not beneficial for the investors as the share price closed at Rs.505.
- In the month of February, the share price decreased further and opened at Rs.482 and plummeted throughout the month. By the middle of the month, the price of the stock had dropped to Rs.458. In the second half of the month, the share price decreased further and closed at Rs.464.
- The share price in the month of March opened at Rs.464. The month was not beneficial for investors as the price plummeted further for the whole month. The price of the stock by the middle of the month was Rs.420. In the second half of the month, the share price dipped and closed at Rs.372.
- However, the share price performed better in the month of April, when compared to March. The price of the stock at the beginning of the month was Rs.362 but increased to a great extent by the middle of the month, to Rs.460. In the second half of the month, the price was steady, and finally, close at Rs.482.
- For the month of May, the share price opened at Rs.466 but plummeted in the first half of the month. By the middle of the month, the price of the stock had decreased to Rs.425. In the second half of the month, the price increased to Rs.453 but dipped again, closing the month at Rs.378.
- In June, the share price opened at Rs.376 and increased throughout the first half of the month due to various factors and the fluctuation of the stock market. By the middle of the month, the price of the stock had increased to Rs.383. However, in the second half of June, the share price decreased and closed the month at Rs.322.
- The price of the stock at the beginning of July was Rs.346. The share price fluctuated throughout the month and was Rs.361 by the middle of the month. In the second half of the month, the price of the stock increased to a certain extent. The price closed at Rs.362.
- For the month of August, the price of the stock opened at Rs.365. In the first week of the month, the share price crossed the Rs.400 mark. However, by the middle of the month, it dipped to Rs.383. The price of the stock plummeted and closed at Rs.371.
- In September, the share price opened at Rs.360 and plummeted throughout the month. By the middle of the month, the stock price had decreased to Rs.350. The price of the stock decreased further and closed the month at Rs.319.
- In the month of October, the price of the share fluctuated through the month. The stock opened at Rs.319 and decreased until the middle of the month. The share price crossed the Rs.320 mark by the middle of the month. However, in the second half of the month, the price dipped to Rs.298 marking the 52-week low of the share. The stock price closed at Rs.301.
- For November, the price of the stock opened at Rs.305 and increased to Rs.312 by the middle of the month. However, in the second half of the month, the price decreased and closed to Rs.301.
Ramco Systems Limited Stock Trends in 2016 and 2017
- The price of the stock at the beginning of January 2016 was Rs.799. The share price reduced drastically to Rs.694 by the middle of the month and decreased further. The share closed at Rs.601. In February, the stock price opened at Rs.620 and increased to Rs.680 by the middle of the month. The share closed the month at Rs.650.
- In the month of March, the price of the stock was Rs.652 and increased to Rs.677 by the middle of the month. However, the price increased and closed at Rs.711. The share price increased throughout the month of April. It opened at Rs.723 and reached Rs.783 by the middle of the month. In the second half of the month, the price increased and closed at Rs.750.
- The stock price at the beginning of May was Rs.734 and increased to Rs.755 by the middle of the month. However, the second half of the month, the price decreased to Rs.718. In the month of June, the price of the stock was steady throughout of the month. It opened at Rs.695 and closed at Rs.692.
- For the month of July, the opening price of the share was Rs.688 and increased to Rs.699 by the middle of the month. However, the price plummeted in the second half of the month and closed at Rs.645. In August, the price of the stock opened at Rs.668 and decreased throughout the month. By the middle of the month, it had decreased to Rs.525 and closed the month at Rs.501.
- The stock price in September opened at Rs.505 and was steady throughout most of the month. In the middle of the month, the price decreased to Rs.466 and ended at Rs.463. In October, the price of the stock opened at Rs.464 and was steady until the last week of the month when it increased to Rs.489. However, it closed at Rs.463.
- For the month of November, the investors were at a loss due to the market fluctuation. The price opened at Rs.472 and decreased to Rs.408 by the middle of the month and closed at Rs.312. The share price hit the 52-week low in the month of December. From opening at Rs.315 and hit the low of Rs.312 at the end of the month.
- In January 2017, the share price at the beginning of Rs.334 and increased to Rs.376 by the middle of the month. By the end of the month, the price closed at Rs.377. The share price in February opened at Rs.371 and decreased to Rs.349 by the middle of the month. However, the price increased in the second half of the month and closed at Rs.379.
- The stock price at the beginning of March was Rs.378 but decreased within the first week. By the middle of the month, the share price was Rs.358. In the second half of the month, the price increased and closed at Rs.390. In the month of April, the price of the stock opened at Rs.387 and increased to Rs.391 by the middle of the month. In the second half of the month, and closed at Rs.408.
- In May, the stock price opened at Rs.403 and plummeted throughout the month. By the middle of the month, the price had decreased to Rs.379. The share price in the second half of the month decreased and closed at Rs.320. In the month of June, the price of the stock at the beginning of the month opened at Rs.340. By the middle of the month, the price hit its 52-week low by Rs.316 and closed at Rs.330.
- The stock proved beneficial for the investors in the second half of July. The share price opened at Rs.328 and increased to Rs.350 by the middle of the month. In the second half of the month, the stock price increased and closed at Rs.441. Rs.435 was the share price at the beginning of August and dipped to Rs.364 by the middle of the room. The stock closed at Rs.384.
- For the month of September, the price stock opened at a price of Rs.390 and crossed Rs.393 by the middle of the month. In the second half of the month, the price dipped and closed at Rs.372. The price of the stock at the beginning of October opened at Rs.382 and decreased to Rs.364 by the middle of the month. The share price increased in the second half of the month and closed at Rs.403.
- The share price in the month of November opened at Rs.425 but decreased to Rs.406 by the middle of the month. The price increased in the second half of the month and closed at Rs.442. The month of December proved beneficial for investors as the share increased throughout the month opening at Rs.439 and increasing to Rs.492 by the middle of the month. In the second half of the month, the share increased and closed at Rs.534.
Should you invest in Ramco Systems Stock Information?
- Ramco Systems Limited is among the pioneers in providing software products and services in India. Formally a part of Ramco Group, it became independent in the year 1997. The company deals in various industries such as aviation, process manufacturing, etc.
- The company in their Annual Report at the end of FY 2018 showed a YoY increase in the revenue from operations. From Rs.277.9 crore at the end of FY 2017 to Rs.284.9 crore at the end of FY 2018.
- Due to this, the company's total income has increased YoY. The total income at the end of FY 2018 was Rs.298.2 crore from Rs.287.7 crore at the end of FY 2017.
- Ramco Systems Limited has also shown an increase in profit YoY before tax deductions. The profit before tax at the end of FY 2017 was Rs.9.2 crore which increased to Rs.84.8 crore at the end of FY 2018.
- The profit after tax deductions has also increased to a great extent from Rs.50.6 crore at the end of FY 2017 to Rs.65.8 crore at the end of FY 2018.
- The current assets of Ramco Systems have also increased YoY. From Rs.739.4 crore at the end of FY 2017, the current assets of the company increased to Rs.850.7 crore at the end of FY 2018.
- Ramco Systems' non-current assets have also increased to a great extent YoY. From Rs.507.5 crore at the end of FY 2017, it increased to Rs.625.8 crore at the end of FY 2018.
- Due to the increase of current and non-current assets, the total assets of the company also has increased. From Rs.739.4 crore at the end of FY 2017, it increased at the end of FY 2018 to Rs.850.7 crore.
- The total equity of the company has however increased YoY. From Rs.685.1 crore at the end of 2017, the total equity increased to Rs.754.9 crore at the end of FY 2018.
- The total liabilities of Ramco Systems also increased YoY from Rs.54.3 crore at the end of FY 2017 to Rs.95.8 crore at the end of FY 2018.
- Coming to the stock market, the share price of Ramco Systems has fluctuated throughout the month. It increased in the first half of the month, however, since August 2018, it has been decreasing. However, the share might be beneficial for a long-term investor. It is, however, strongly recommended to research thoroughly before investing.
Company Information
Ramco Systems Limited is headquartered in Chennai and was founded in 1992. The company was a part of the Ramco Group of Companies but became independent in the year 1997.
The company offers software products and services in the country. Apart from this, the company also provides Human Capital Management, Aviation Logistics, and Management and also Enterprise Resource Planning.
Company History
Ramco Systems Limited was founded in 1992 to provide business solutions through software products and services to companies, national and international.
In 1997, Ramco Systems branched out from their parent company, Ramco Group of Companies and became independent.
The company provides Maintainance Repair and Overhaul Software, Human Capital Management, Aviation Maintainance and Software and also Enterprise Resource Planning to various companies all over the world. Ramco Industries also offers its services to the Defense Department.
Ramco Systems Limited has recently provided its aviation suite to Papillon Grand Canyon Helicopters in order to maintain, manage and engineer its helicopter fleet.
Management of the company
P.R. Venketrama Raja - Founder and Chairman - Ramco Systems Limited
Mr. P.R. Venketrama Raja serves as the Founder and the Chairman of Ramco Systems Limited. With his varied experience in different fields in various industries, he has been pivotal in pushing the company and breaking it into the billion dollar industry conglomerate.
Mr. P.R. Venketrama Raja
Mr. P.R. Venketrama Raja, with his extensive knowledge of Information Technology and also his experience in the IT industry, has helped the company keep up with the new age application of technology.
Mr. P.R.V.
Mr. P.R.V. also serves as the Director of The Ramco Cements Limited and the Vice-Chairman and Managing Director of Ramco Industries Limited.
Virender Aggarwal - Chief Executive Officer
Mr. Virender Aggarwal has been serving as the Chief Executive Officer of Ramco Systems Limited since the past 4 years. During these 4 years, he has worked towards making the company build a culture of agility, innovation and an ecosystem of partners.
With the help of his efforts, Ramco Systems Limited has gained the trust of Fortune 500 companies across the world in Europe, Australia, China and the United States of America. He has inculcated the new trends in technology of Predictive Analytics, Cloud Software, and Cognitive Computing.
Before working for Ramco Systems Limited, Mr. Virender Aggarwal was the President and APAC Region Head of HCL Technologies in Singapore.
Ramco Systems Limited listings in the NSE, BSE and Stock Market Indices:
The company has been listed in the two major stock indices in India - The National Stock Exchange(NSE) and the Bombay Stock Exchange(BSE). The share offered by Ramco Systems Limited are given to the general public for trading.
- NSE Code - RAMCOSYSEQ
- BSE Code - 532370
- ISIN - INE246B01019
- Sector - IT Consulting and Software
The stock market indices the company comprises of, are as follows:
- S&P BSE AllCap
- S&P BSE Information Technology
- S&P BSE MidSmallCap
- S&P BSE SmallCap
Registered Office:
64, Sardar Patel Road, Taramani,
CHENNAI - 600 113
Phone Number - 044-22354510
Stocks vs. Mutual Funds: here's what we recommend
Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.
DISCLAIMER:
The contents of this post/blog do not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not professional advice on a specific financial matter.