IT Stock Jumps 16% After Promoter Buys 2.7% Stake in the Company
Alex Smith
1 week ago
SYNOPSIS: The company’s promoter bought 10.2 lakh shares via NSE bulk deal for Rs. 51 crore, while HDFC Mutual Fund exited 2.6 percent, reshaping its institutional shareholding mix.
During Wednesday’s trading session, shares of a global enterprise software company offering next-generation SaaS-enabled platform and products surged over 16 percent on BSE, after the company’s Promoter bought around 10.2 lakh equity shares for Rs. 51 crores.
With a market cap of Rs. 2,168 crores, shares of Ramco Systems Limited are currently trading in the green at Rs. 579 on BSE, up by more than 15 percent, compared to its previous closing price of Rs. 500.85. The stock has delivered positive returns of over 58 percent in the last one year, and has gained by around 7 percent in the last one month.
News
Ramco Management Private Limited, a member of the company’s Promoter Group, purchased 10.2 lakh equity shares in Ramco Systems Limited, equivalent to a 2.7 percent stake, through a bulk deal on the NSE. The deal transaction was valued at nearly Rs. 51 crores, with the shares changing hands at an average price of Rs. 500.02 per share.
On the sell side, HDFC Mutual Fund sold around 9.74 lakh equity shares (2.6 percent stake) in Ramco Systems, for nearly Rs. 48.65 crores, at an average price of Rs. 499.2 per share. As of December 2025 shareholding pattern, HDFC AMC, through its Balanced Advantage Fund, held a 5.45 percent stake in Ramco Systems.
Financials
Ramco Systems reported a significant growth in its revenue from operations, showing a year-on-year increase of around 14 percent from Rs. 156.6 crores in Q3 FY25 to Rs. 178.5 crores in Q3 FY26. Meanwhile, the company delivered a sharp turnaround in profitability, shifting from a net loss of Rs. 10 crore to a net profit of Rs. 3.2 crore over the same period.
Ramco Systems Limited is a global enterprise software provider, raising industry standards with a SaaS-enabled platform and products. It provides a comprehensive range of industry-specific solutions spanning Global Payroll, Aviation M&E/MRO, Logistics, and ERP. With the Unexecuted Order Book at $149.74 million, Ramco maintains a stable base for future execution and revenue realisation.
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