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Ramco Systems Shares Rise 1.19% on UAE Partnership

By ThePip DeskRamco Systems Shares Rise 1.19% on UAE Partnership

Ramco Systems stock gained 1.19% on the BSE after its UAE subsidiary partnered with Baker Tilly SM Envoy to deliver automated payroll solutions.

Ramco Systems shares advanced on the BSE, trading higher by 6.70 points or 1.19% at Rs 570.50 from its previous close of Rs 563.80. The scrip opened at Rs 559.90 and moved within a high and low range of Rs 578.25 and Rs 559.90 on the counter.

Key Trading Metrics

  • Current price: Rs 570.50 a share
  • Market capitalization: Rs 2,163.69 crore
  • Total volume: 2,142 shares traded
  • Promoter holding: 55.51%
  • Institutional holding: 13.22%

The BSE group ‘B’ stock carries a face value of Rs 10 and reached a 52-week high of Rs 968.20 on 07-Jul-2026, alongside a 52-week low of Rs 342.50 on 30-Mar-2026. Non-institutions held a 31.25% stake in the company, while the one-week high and low for the scrip touched Rs 578.25 and Rs 522.60.

Strategic UAE Partnership

Ramco Systems FZ-LLC, a wholly owned subsidiary of the company, partnered with Baker Tilly SM Envoy Consultancy LLC to introduce automated payroll solutions across the UAE. Baker Tilly will offer Ramco Payce to clients alongside its standard accounting, tax, and advisory services.

Implementation, hosting, and ongoing product support remain under the purview of Ramco Systems. This integration allows corporate clients to procure payroll software directly through existing financial advisors to reduce manual effort.

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