Ramco Systems gained on Tuesday after the company bagged a five year contract from the Asia division of Vopak, to integrate a part of its regional human resource functions into a single platform.

Ramco will offer its HRO services on top of Ramco's HCM (Human Capital Management) product which is being used by leading multinational globally.

Virender Aggarwal, chief executive officer, Ramco Systems said, "Ramco is deeply committed to providing mobility and intuitive interfaces with differentiated value. This win reaffirms our team's effort to offer a comprehensive HCM product that is scalable and deployable across a wide region. Our ability to address every need of the HR community with a combination of platform, product and services is helping us get the winning edge in a cluttered market."

Shares of the company gained Rs 18.6, or 5%, to trade at Rs 390.90. The total volume of shares traded was 18,307 at the BSE (11.52 a.m., Tuesday).

The stock had underperformed the market over the past one month till Aug. 18, 2014, falling 20.46% compared with the Sensex's 2.92% rise. It underperformed the market in past one quarter, declining 28.13% as against 9.41% rise in the Sensex.