Introduction:
Leading IT solutions provider has successfully implemented its advanced aviation software for Philippine Airlines, streamlining domestic PAL Express fleet operations. This next-gen platform enhances efficiency, optimizes resource utilization, and improves aircraft traceability, supporting the airline’s long-term operational and growth strategies.
Also Read: IT stock jumps after partnering with Amazon Web Services India for GPU and AI services
Share price movement of Ramco Systems:
On February 27, 2025, Ramco Systems Ltd. opened at ₹296.05, down 2.31% from its previous close of ₹303.20. The stock reached a high of ₹322.70, a 6.27% rise, and a low of ₹296.05. By 3:19 PM, it traded at ₹304.00, with a market cap of ₹1,130.50 crore.
Ramco Systems Enhances Philippine Airlines’ Operations:
Ramco Systems has successfully implemented its next-gen aviation software for Philippine Airlines’ PAL Express fleet. The cloud-based solution enhances digitized operations, optimizes resource utilization, and improves aircraft traceability, ensuring seamless fleet management for A321, A320, and Q400 aircraft.
With its Engineering and CAMO, Supply Chain, Maintenance Planning, and Quality modules, the software enables PAL to manage multiple Air Operator Certificates and Approved Maintenance Organizations. It centralizes data, providing complete visibility into materials, resources, and tools, driving operational efficiency.
Ramco’s digital enablers, including mobile apps, have improved process efficiency and data-driven decision-making for PAL. The airline plans to expand the software to its main fleet, including A350, A330, B777, and A321, supporting long-term operational goals.
Recent news on Ramco Systems:
As of February 05, 2025, Ramco Systems Ltd. reported a reduced net loss of ₹10.17 crore in Q3 FY25, improving from ₹26.35 crore a year ago. Sales surged 22.09% to ₹156.59 crore, reflecting strong business momentum and growth.
Stock performance of Ramco Systems for Period of 1 week, 6 months and 1 year:
Ramco Systems Ltd. recorded a 2.81% decline over the past week, with a significant 25.2% drop in six months. However, its one-year performance remained relatively stable, down only 1.07%, reflecting resilience amid market fluctuations and ongoing business developments.
Also Read: Cable stocks: Why have Polycab, KEI and other cable stocks fallen 20% today?
Shareholding pattern of Ramco Systems:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 53.40% | 53.40% | 51.80% |
FII | 9.70% | 9.70% | 10% |
DII | 5.60% | 5.70% | 5.90% |
Public | 31.30% | 31.30% | 32.30% |
About Ramco Systems:
Ramco Systems Ltd. (NSE: RAMCOSYS) is a leading enterprise software provider, delivering cloud-based solutions in Global Payroll, Aviation, Aerospace & Defense, and ERP. Leveraging AI, ML, and Blockchain, it drives digital transformation for 1000+ global clients with innovative technology.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.