India's Ramco Systems up 5% on deal with Shearwater Health

Ramco Systems

18/04/2023 08:43

** Shares of Ramco Systems Ltd  RMCS.NS  rise as much as
4.8% to 228 rupees
    ** The software solutions provider says Shearwater Health
signs deal with co to digitally transform its HR and payroll
operations
    ** About 137,000 shares change hands by 1:12 p.m. IST, 1.3x
the 30-day avg of shares
    ** Stock trading above its 50-day simple moving average
    ** Moving average convergence divergence line is over the
signal line, suggesting bullish bias
    ** Stock down 14.3% so far this year, as of last close


 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com;))