Kale Consultants up 7% as Royal Air selects FinesseMBS
Software services provider Kale Consultants jumped nearly 7% as the Royal Air Maroc selected software FinesseMBS from the company.
August 29, 2012 / 12:23 IST
Software services provider Kale Consultants jumped nearly 7% as the Royal Air Maroc selected software FinesseMBS from the company.
In a release sent to exchanges, the company said, "Accelya Kale Solutions (a part of the Accelya Group), a leading solution provider to the airline and travel industry, today announced that, Royal Air Maroc (the flag carrier airline of Morocco) has selected Accelya Kale's FinesseMBS to automate and standardise the entire Miscellaneous billing process."At 12:14 hours IST, the share was trading at Rs 158.50, up 1.86% after hitting an intraday high of Rs 166 and low of Rs 152.10.
Its trading volumes increased 77% to 23,043 equity shares as compared to its 5-day average of 13,033 shares.Today's upmove may be the rebound as the stock had tanked 4% yesterday. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!