ABM Knowledgeware Achieves Record Stock Price Amid Strong IT Sector Performance

Jan 12 2025 09:20 AM IST
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ABM Knowledgeware has achieved a record stock price of Rs. 227.95, reflecting a strong performance with a 65.20% increase over the past year. The stock showed significant volatility during trading, with notable intraday highs and lows, while also outperforming its sector on the same day.
ABM Knowledgeware has reached an all-time high stock price of Rs. 227.95, marking a significant achievement for the microcap company in the IT software industry. This milestone reflects a robust performance over the past year, with the stock appreciating by 65.20%, significantly outpacing the Sensex's growth of 7.98%.

On the day of this record high, ABM Knowledgeware outperformed its sector by 5.77%. The stock exhibited notable volatility, with an intraday high of Rs. 227.95, representing a 9.99% increase, and a low of Rs. 196.4, which was a decline of 5.24%. The calculated intraday volatility stood at 7.43%, indicating a highly active trading session.

Currently, ABM Knowledgeware is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its stock performance. The broader IT software sector also experienced gains, increasing by 3.27% on the same day.
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