MUMBAI : Shares of Ramco Systems jumped 4.60% on Thursday after the company announced that it will implement its aviation software, Ramco Aviation M&E MRO Software V5.8, at Iraq's national carrier, Iraqi Airways Company. At 12.45 pm, Ramco Systems was trading at ₹571.85 up 2.56% from its previous close, while the benchmark index, Sensex gained 0.12% to 51,080.25. Iraqi Airways Company, operating as Iraqi Airways, is the national carrier of Iraq, headquartered on the grounds of Baghdad International Airport in Baghdad. We look forward to working with Iraqi Airways to reduce inefficiencies and future-proof their operations through our innovative features." Sales rose 12.79% to ₹149.86 crore in the quarter ended March 2021 as against ₹132.87 crore during the previous quarter ended March 2020.

Source: Mint May 27, 2021 07:18 UTC