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In an interaction with Business Today, the young investor said stocks like Sawaca Business Machines have delivered him 68 times, or 6,700 per cent, return from the average down price so far.
Read more about Ramco Systems climbs on bagging order from Bristow Group on Business Standard. Ramco Systems jumped 3.57% to Rs 553.40 after Bristow Group Inc. adopted the company's Aviation M&E MRO Software V5.8 for its digitally transformation.
Read more about Ramco Systems jumps after Iraqi Airways adopts Ramco aviation software on Business Standard. Ramco Systems jumped 4.60% to Rs 583 after the company said that it will implement its aviation software, Ramco Aviation M&E MRO Software V5.8 at Iraq's national carrier, Iraqi Airways Company.
On a consolidated basis, Ramco Systems' net profit tanked 58.90% to Rs 7.45 crore on 12.55% decline in revenue from operations to Rs 149.86 crore in Q4 March 2021 over Q3 December 2020. Profit before tax dropped 59.03% to Rs 14.78 crore in Q4 FY21 as against Rs 36.08 crore in Q3 FY20. During the financial year, Ramco Systems' net profit soared 419.61% to Rs 56.69 crore on a 10.08% increase in revenue from operations to Rs 626.30 crore in FY 2021 over FY 2020. In FY21, order booking crosses $100 million, records 21% YoY growth. The company said it generated sufficient cashflow to repay the en...
The benchmark indices trimmed gains in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 357.33 points or 0.71% at 50,994.86. The Nifty 50 index gained 87.35 points or 0.57% at 15,295.80. Encouraging Q4 earnings and positive global cues boosted investors sentiment. Infosys (up 1.88%), HDFC (up 0.93%) and TCS (up 1.01%) supported the indices. In the broader market, the S&P BSE Mid-Cap index rose 0.08% and the S&P BSE Small-Cap index added 0.78%. Buyers outpaced sellers. On the BSE, 1,946 shares rose and 1,070 shares fell. A total of 125 shares were unchanged. Foreig...