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That has changed since Aggarwal arrived.
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We have successfully demonstrated our ability to deliver complete digital transformation to large enterprises in these areas.
Therefore considering 50% holding company discount book value of the Ramco industries comes at around 2557 crores while the market value of the company is around 2500 crores.
There are some very good examples where Indian companies have built excellent products such as Bancs, Finacle, the On-Mobile product suite, and Tally, but each one of them was originally designed for a market with which their product designers had great familiarity, Pai says.