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Ramco Systems Says No Undisclosed Price-Sensitive Information Behind Share Price Surge

Story Highlights
  • Ramco Systems affirmed it has regularly disclosed all material and price-sensitive information as required by SEBI regulations.
  • The company stated there is no unpublished price-sensitive information, indicating the share price surge is not due to undisclosed events.
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Ramco Systems Says No Undisclosed Price-Sensitive Information Behind Share Price Surge

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The latest update is out from Ramco Systems Limited ( (IN:RAMCOSYS) ).

Ramco Systems Limited has responded to a query from the National Stock Exchange of India regarding a recent sharp movement in its share price, stating that it has been consistently disclosing all events and material information that could affect its operations or performance in compliance with SEBI’s listing regulations. The company further confirmed that, beyond information already shared with the exchanges, there is currently no unpublished price-sensitive information pending disclosure, signaling that the recent price spurt is not driven by any undisclosed corporate development and aiming to reassure investors and regulators about its transparency and compliance practices.

More about Ramco Systems Limited

Ramco Systems Limited is an India-headquartered enterprise software company, with corporate offices in Chennai and a global presence across Asia-Pacific, the Middle East, Africa, Europe and North America. The company provides IT and software solutions and services, operating in multiple international markets and serving a diversified client base across these regions.

Average Trading Volume: 9,409

Technical Sentiment Signal: Buy

Current Market Cap: 21.2B INR

See more insights into RAMCOSYS stock on TipRanks’ Stock Analysis page.

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