Ramco Systems gains as AAI Worldwide Logistics to deploy Ramco ERP

AAI Worldwide Logistics Inc. will deploy Ramco Systems' Logistics Software to streamline operations

Shares of Ramco Systems were up over 2% at Rs 616 after the company said that AAI Worldwide Logistics Inc., and its new express courier busines unit: Black Arrow Express will deploy its Logistics Software to streamline to streamline domestic and international freight forwarding operations.

AAI Worldwide Logistics Inc., is a leading logistics and freight-forwarding firm in the Philippines and an exclusive agent of the World Air Cargo Organisation.

The stock opened at Rs 605 and touched a high of Rs 623. At 12:30pm, over 21,500 shares were traded on both the stock exchanges.