India's Ramco Systems jumps on selection for new MRO defence facility

Ramco Systems

10/03/2026 06:26

**Shares of Ramco Systems RMCS.NS rises as much as 10.5%, last up 5.7% to 426 rupees

**Tata Advanced Systems selects co for new defence MRO facility which will specialize in Lockheed Martin's C130J Super Hercules aircraft maintenance for the Indian airforce

** Stock set to snap 12 straight sessions of losses

** More than 430,000 shares change hands vs 30 day avg of 366,187 shares

**YTD, stock down ~25%

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))