India's Ramco Systems rises on partnership with Korea's Hanjin Group

Ramco Systems

06/12/2024 08:55

** Shares of software product provider Ramco Systems
 RMCS.NS  rise 3% to 489.70 rupees
    ** Co partners with Hanjin Information Systems &
Telecommunication (HIST), Korea, to provide IT solutions to
Korean aviation organizations
    ** Trading vol of over 745,000 shares is 3x the 30-day avg
    ** RMCS has gained ~17% so far this week, on track for best
week since mid April
    ** Stock has now risen ~68% YTD, set for its best year since
2020


 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))