Mar 16, 2017 04:02 PM IST | Source: Moneycontrol.com

Ramco System rises 5% on order win from New Zealand

The company has won an order from New Zealand based Ravensdown Aerowork, wherein the company will deploy Ramco Aviation Suite v5.8 to enable Ravensdown Aerowork automate and unify the maintenance and overhaul operations of its fleet.

Ramco System rises 5% on order win from New Zealand

Moneycontrol News

Share price of Ramco System rose 5 percent intraday Tuesday on order win from New Zealand.

The company has won an order from New Zealand based Ravensdown Aerowork, wherein the company will deploy Ramco Aviation Suite v5.8 to enable Ravensdown Aerowork automate and unify the maintenance and overhaul operations of its fleet.

Virender Aggarwal, CEO of Ramco Systems said, "We are excited to see the recognition of our innovation in the Oceania region, with Ravensdown Aerowork being the latest addition to our esteemed clientele in the region."

"Aviation is a highly complex business and our focus on developing solutions that simplify and help the user maintain the aircraft with ease is driving our growth, globally," he added.

At 12:04 hrs Ramco System was quoting at Rs 360.20, up Rs 11.25, or 3.22 percent on the BSE.
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