ABM stocks soar by 19.89 percent


ABM stocks soar by 19.89 percent
Bangalore: ABM Knowledgeware ended among top gainers of the day with a gain of 5.35 (19.89 percent). The market ended the trading on intraday high of 32.25 with trading 23,810 shares throughout the day. The P/E ratio of the stock is 5.44. The stock has touched a 52 week high of 38 and a low of 9.30. The stock chart is given on left. ABM Knowledgeware is engaged in software development services, and selling of computers and peripherals. The products manufactured by the Company include ABM MAINet, ABM CARE, ABM MOIS and CRM for power distribution utilities. The company has recommended final Dividend of 1 per share i.e. 10 percent, which aggregate to 10001100 for the year ended March 31, 2009 as compared to 50,00,550 for the year ended March 31, 2008. Total income of the company was 18979.67 crore in FY'08 as against 15156.52 in the previous fiscal. Other related companies have also ended the day on positive node. Quintegra Solutions went up by 4.97 percent. Kale Consultants gained by 4.95 percent and Aftek by 3.12 percent.