ABM Knowledgeware Ltd., (ABM) is an IT
Company listed on Bombay Stock Exchange purely concentrated their business in Maharashtra.
By a rough estimate, ABM’s e-Governance Solutions altogether are delivering 4.2
Million G2C and G2B services per year. ABM, today, has developed a thorough
insight in implementing and institutionalizing e-Governance in the Indian
context, which is evident from the various projects implemented by ABM so far.
The e Governance industry in India has been
growing due to sustained interest shown by Central and State Govt. apart from
numerous PSUs, Autonomous bodies etc. Central Govts. have continued to drive further
the 31 Mission Mode Projects which form the core of opportunity offered by
Central and State Govts. Though there have not been large scale successes
visible after MCA 21 kind of projects, many pockets of excellence have been
observed in States and Govt bodies. Preference to PPP model is seen in some of
the recent tenders floated by Govts. Participation of IT industry in e gov
projects has been generally unchanged compared to previous years and
competition landscape is also by and large unchanged. The focus areas of your
Company such as Municipalities, Water Bodies, ERP, Accounting Reforms, Property
tax Reforms have been offering satisfactory opportunities across states.
BE AND MAKE’S VIEWS:
The stock looks it has a very promising future ahead. The company has very good business verticals and their record is also very prudent. Their debt equity ratio, ROCE, payout ratios are very encouraging and more steam left in the company’s growth trajectory. Promoters too hiking their stake at every opportunity, indicates their confidence in their business. Long term investors can buy this stock at current levels of Rs.54/-
With thanks
BE AND
MAKE
2 comments:
Excellent stock recomendations
The most obvious benefit to the entire buy to cover options is that they are in place to make you money, when executed properly.
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