Ramco Systems Rights issue
Did you observe, meanwhile there were no rights issues. Now, the rights issues are back in action after current market volatility. Ramco Systems gained a little to Rs 97 on BSE after the company decided to on 10 July 2008 to consider issue of equity shares on rights basis. The company provides software solutions. The group operates in two segments: software solutions and services and secure converged networking.
Little on Stats:
- 52-week high: Rs 256.90
- 52-week low of Rs 91.35
- In past one month, declined 24.49% compared to the Sensex’s decline of 15.60%.
- Past one quarter, declined 19.68% compared to Sensex’s decline of 14.66%.
- Face value per share is Rs 10.
- Equity capital of Rs 15.35 crore.
- Q4 March 2008 annualized EPS is Rs 6.68
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