Ramco Systems shares jumped on Wednesday after the Schneider Electric, a global specialist in energy management, has entered into a strategic partnership with the company.

The partnership will see Ramco's Advanced Process Optimization software, OPTIMA, become an important part of Schneider Electric's solutions for the cement industry and strategically help explore business opportunities.

Shares of the company are trading at Rs 202.70, up Rs 9.45, or 4.89% at the Bombay Stock Exchange (BSE) on Wednesday at 9:35 a.m.

The scrip has touched an intra-day high of Rs 202.70 and low of Rs 194.00. The total volume of shares traded at the BSE is 271.

In the earlier session, the shares declined 2.72%, or Rs 5.4, at Rs 193.25.

Currently, the stock is trading down 19.05% from its 52-week high of Rs 250.40 and above 200.07% over the 52-week low of Rs 67.55.