{"id":133212,"date":"2024-09-11T12:03:46","date_gmt":"2024-09-11T06:33:46","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=133212"},"modified":"2024-09-11T13:18:52","modified_gmt":"2024-09-11T07:48:52","slug":"aviation-stock-jumps-6-after-launching-aviation-software-for-aircraft-management","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-6-after-launching-aviation-software-for-aircraft-management\/","title":{"rendered":"Aviation stock jumps 6% after launching aviation software for aircraft management\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-593949933\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this Global aviation software company surged nearly 6 percent after launching a new Aviation Software 6.0 for smarter aircraft management.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-471468291\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share price movement&nbsp;<\/strong><\/h2><p>The shares of <strong>Ramco Systems Ltd<\/strong>. surged 5.9 percent in Wednesday\u2019s trading session reaching an intra-day high of Rs.455 per share from its previous close of Rs.429.5 apiece. The share is currently trading at Rs.437.5 apiece.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What is the news&nbsp;<\/strong><\/h2><p>Global aerospace software specialist Ramco Systems has launched version 6.0 of its Aviation Software, aimed at transforming M&amp;E and MRO operations through AI-driven insights, advanced automation, and seamless integration.&nbsp;<\/p><p>This comprehensive solution includes key modules for Contracts, Engineering, Maintenance, Supply Chain, Finance, and more.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-234835686\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Notable features include the Engine MRO Module for enhanced precision in engine maintenance, the MCC Hub for streamlined aircraft readiness assessment, and the MRP Module for optimized resource planning.&nbsp;<\/p><p>Additional tools like the Graphical Quote Comparison and Purchase Automation Framework simplify decision-making and order management, while enhanced pricing solutions improve billing and invoicing efficiency.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Management Commentary&nbsp;<\/strong><\/h2><p>Sundar Subramanian, Chief Executive Officer, of Ramco Systems, said, \u201cThe latest version of Ramco Aviation Software 6.0 is a significant milestone in our journey. Along with the advanced capabilities, our specialized Engine MRO solution is a key part of this release, addressing the critical challenges of engine maintenance. By harnessing advanced technology and our domain expertise Ramco Aviation Software 6.0 will enable aviation organizations to meet their growing customer demands and stay competitive.\u201d&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reputed Clientele&nbsp;<\/strong><\/h2><p>Ramco Systems features a strong client roster, with renowned names such as Accenture, Philippine Airlines, Airbus, ANZ, DLF, Panasonic, General Electric, BCG, Blackrock, and many others.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>In its Q1 FY25 financial results, Ramco Systems reported revenue of Rs.136.98 crore, reflecting a 1.77 percent decrease from Rs.139.45 crore in the same quarter of the previous year. Net loss for the period decreased to Rs.19.56 crore, compared to Rs.46.8 crore. Despite the reduction in net loss, the company&#8217;s overall financial performance remains weak, with declining revenues and ongoing losses.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Company Profile&nbsp;<\/strong><\/h2><p>Ramco Systems is a leading provider of next-gen enterprise software products and platforms, offering cloud-based and mobile-based solutions across industries like aviation, logistics, and HR &amp; payroll.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3216437576\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by &#8211; Siddesh S Raskar\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3661882808\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this Global aviation software company surged nearly 6 percent after launching a new Aviation Software 6.0 for smarter aircraft management.&nbsp; Share price movement&nbsp; The shares of Ramco Systems Ltd. surged 5.9 percent in Wednesday\u2019s trading session reaching an intra-day high of Rs.455 per share from its previous close of Rs.429.5 apiece. The share [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-133212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aviation stock jumps 6% after launching aviation software for aircraft management\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this Global aviation software company surged nearly 6 percent after launching a new Aviation Software 6.0 for smarter aircraft management.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-6-after-launching-aviation-software-for-aircraft-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aviation stock jumps 6% after launching aviation software for aircraft management\u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of this Global aviation software company surged nearly 6 percent after launching a new Aviation Software 6.0 for smarter aircraft management.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-6-after-launching-aviation-software-for-aircraft-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-11T06:33:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-11T07:48:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/airplane-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-6-after-launching-aviation-software-for-aircraft-management\/\",\"url\":\"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-6-after-launching-aviation-software-for-aircraft-management\/\",\"name\":\"Aviation stock jumps 6% after launching aviation software for aircraft management\u00a0 - 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