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ABM Knowledgeware gains on bagging contract worth Rs 56.25 crore

21 Oct 2013 Evaluate

ABM Knowledgeware is currently trading at Rs 34.00, up by 1.20 points or 3.66% from its previous closing of Rs 32.80 on the BSE.

The scrip opened at Rs 33.90 and has touched a high and low of Rs 34.00 and Rs 33.90 respectively. So far 3929 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 65.40 on 09-Jan-2013 and a 52 week low of Rs 27.70 on 25-Jun-2013.

Last one week high and low of the scrip stood at Rs 35.00 and Rs 32.40 respectively. The current market cap of the company is Rs 34.00 crore.

The promoters holding in the company stood at 64.93% while Institutions and Non-Institutions held 2.27% and 32.80% respectively.

ABM Knowledgeware (ABM) has bagged eGovernance contract worth Rs 56.25 crore from Government of Bihar. This project is funded by DFID, Govt of India and Govt of Bihar. The contract includes implementation of ABM's e-Municipality solution in all 141 Municipal Bodies across the state of Bihar.

The contract consolidates ABM's leadership position in India in eGovernance space in general and in e-Municipality space in particular. ABM has already executed e-Municipality project across the state of Maharashtra. ABM's e-Municipality client base has now risen to around 375 in India, which is one of the highest in its category.

ABM Knowledgeware is one of the few IT companies in India with exclusive focus on e-Governance since 1998. ABM's e-Governance solutions are currently delivering approximately 1.12 Million G2C and G2B services per month. Very few companies in India have a comparable performance.

ABM Knowledgeware Share Price

240.65 -7.70 (-3.10%)
17-Apr-2026 16:59 View Price Chart
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