ABM bags Rs 63.32 cr e-governance contract by MCGM

NEW DELHI: IT Company ABM Knowledgeware today informed the Bombay Stock Exchange that it has bagged a Rs 63.62 crore e-governance contract from the Municipal Corporation of Greater Mumbai ( MCGM).

The scope of work includes supply, implementation of SAP licences along with post implmentation support.

The contract has to be executed in Financial Year 2011-12.

ABM shares closed at Rs 69.8 apiece, up 3.33 per cent from its previous close on the BSE.