Ramco Systems zooms 20% on signing deal with Korean Air

Shares of Ramco Systems were locked at the 20 per cent upper circuit at Rs 341.75 on the BSE in Wednesday’s intra-day trade after the largest South Korean airline – Korean Air signed a multi-million dollar deal with the company for its aviation software Ramco Aviation.

Till 10:33 am; a combined 2.33 million equity shares changed hands and there were pending buy orders for 0.36 million shares on the NSE and BSE. The stock had hit a 52-week high of Rs 356.65 on February 6, 2024.

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