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2025-02-27 02:13:16 pm | Source: Accord Fintech
Ramco Systems gains on implementing aviation software at Philippine Airlines
Ramco Systems gains on implementing aviation software at Philippine Airlines

Ramco Systems is currently trading at Rs. 306.00, up by 2.80 points or 0.92% from its previous closing of Rs. 303.20 on the BSE.

The scrip opened at Rs. 296.05 and has touched a high and low of Rs. 322.70 and Rs. 296.05 respectively. So far 1454 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 522.40 on 04-Dec-2024 and a 52 week low of Rs. 262.05 on 28-Mar-2024.

Last one week high and low of the scrip stood at Rs. 335.50 and Rs. 296.05 respectively. The current market cap of the company is Rs. 1133.84 crore.

The promoters holding in the company stood at 53.37%, while Institutions and Non-Institutions held 15.33% and 31.30% respectively.

Ramco Systems has successfully implemented its aviation software at Philippine Airlines (PAL) for the domestic PAL Express (PALEx) fleet operations. Ramco’s on-cloud, next-gen platform has optimized and digitized the operations of the PALEx fleet of A321, A320, and Q400. In alignment with the long-term strategy to optimize operational requirements of both Philippine Airlines and PALEx, preparations are underway to roll out the solution for the PAL fleet of A350, A330, B777, and A321.

With modules for Engineering and CAMO, Supply Chain Management, Maintenance Planning, Quality, Component Maintenance, and Hangar Maintenance bundled with Finance, Ramco Aviation Software has enabled PAL to have a scalable and configurable system for growing its business. The solution is a centralized information hub to manage multiple AOCs (Air Operator Certificates) and AMOs (Approved Maintenance Organizations), obtain complete visibility into materials, resources, and tools, and achieve enhanced traceability of aircraft technical records. In addition, Ramco’s digital enablers, like its Ramco Anywhere mobile apps, have enhanced process efficiencies and provided PAL with powerful data-driven insights.

Ramco Systems, part of the Ramco Group, has delivered enterprise software and services since 1989. 

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