HDFC Mutual Fund decreased its stake in Ramco Systems Limited from 1.78% to 1.52%, selling 98,725 shares. The value of the shares sold is approximately ₹7.79 crore, calculated at a share price of ₹789.05. This move aligns with a broader trend of HDFC Mutual Fund trimming its exposure to Ramco Systems, having sold 31,637 shares in December 2025 and 0.97 million shares in February 2026 for ₹48.65 crore. HDFC Mutual Fund also made a complete exit from Ramco Systems as a smallcap stock in June.
A software solutions company that develops enterprise resource planning systems and delivers related implementation and support services to businesses across various industries. Founded in 1997, Ramco Systems specializes in creating integrated ERP platforms designed to streamline operations, enhance data management, and improve operational efficiency for its clients. The company provides comprehensive software products combined with consulting and maintenance services tailored to meet organizational needs and business requirements.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
