India's Ramco Systems surges most in over 1-1/2 years on Q2 profit gain

Ramco Systems

31/10/2019 04:51

** Shares of the IT services and software provider Ramco
Systems Ltd  RMCS.NS  rise as much as 17.9%, their biggest
intraday gain since April 10, 2018
    ** Co on Wednesday reported consol profit of 74 mln rupees,
nearly doubled from the year-ago period, helped by strong
performance in Asian region  urn:newsml:reuters.com:*:nFWN27F13E
    ** About 210,630 shares change hands in the first hour of
trade vs 30-day avg of about 12,200 shares
    ** Stock has fallen about 40.60% this year as of last close
    
    

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (Within U.S.
1-646-223-8780, Outside U.S. +91 8067496031); Reuters Messaging:
nallur.sethuraman.thomsonreuters.com@reuters.net))