Ramco Systems, an enterprise software company, witnessed a rise in share price on Wednesday after the ITC Infotech, a leading global IT services & solutions company, and a fully owned subsidiary of ITC, announced a strategic partnership with the company.
The partnership will enable ITC Infotech to strengthen its aviation capabilities and expand its expertise in the human capital management (HCM) domain. The partnership will also facilitate Ramco to expand its footprint across the commercial airlines space and further strengthen its client portfolio across key markets, including North America, Europe, Middle East & Africa and Asia-Pacific.
Shares of Ramco Systems are trading at Rs 757, up Rs 11.5, or 1.54% at the Bombay Stock Exchange (BSE) on Wednesday at 9:53 a.m.
Total volume of shares traded on the bourses today was lower by 94.05% to 1,997 compared with 22-day average volume of 33,580.