ABM stocks soar by 19.89 percent

Bangalore: ABM Knowledgeware ended among top gainers of the day with a gain of Rs.5.35 (19.89 percent). The market ended the trading on intraday high of Rs.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 Rs.38 and a low of Rs.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 Rs.1 per share i.e. 10 percent, which aggregate to Rs.10001100 for the year ended March 31, 2009 as compared to Rs.50,00,550 for the year ended March 31, 2008. Total income of the company was Rs.18979.67 crore in FY'08 as against Rs.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.