Ram Informatics up on winning new order

Ram Informatics is trading in the green on the BSE after the company received an order from Reserve Bank of India Employees’ Co-Operative Credit Society.

The scrip is currently trading at Rs 9.10 per share, up 0.30 points or 3.41% on the BSE.

The stock opened at Rs 9 as compared to its previous close of Rs 8.80. Intraday, the counter touched a high and a low of Rs 9.10 and Rs 8.77, respectively.

So far, 6,270 shares of the company were traded on the BSE.

The stock touched its 52-week high of Rs 12.90 on September 15, 2008 and a 52-week low of Rs 4 on March 6, 2009.

The stock has dropped 1.94% since past one week, but gained 13.47% since past one month.

Ram Informatics has received an order from Reserve Bank of India Employees’ Co-Operative Credit Society, located in Hyderabad in Andhra Pradesh. The order is for supply of SmartBanker-client- a server banking software product for the society’s operations.

Smart banker is a high quality client-server banking product covering retail and corporate banking services. It liberates banking operations from obsolescence, redundancy and in-operability and takes towards efficient and flawless functionality. SmartBanker is a safe investment for banks, incorporating state-of-the-art-technology effectively and meets the complex needs of the banking industry.

Ram Informatics (RAMINFO) is a contemporary technologies software services and products company offering solutions for government, banking, insurance and retail business.