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AVANTEL SOFT Plunges 6%; BSE IT Index Down 0.7%
Mon, 13 Oct 14:40

AVANTEL SOFT Plunges 6%; BSE IT Index Down 0.7%Image source: CreativaImages/www.istockphoto.com

AVANTEL SOFT share price has plunged 6% and is presently trading at Rs 192.0.

Meanwhile, the BSE IT index is at 34,743.4 (down 0.7%).

Among the top losers in the BSE IT index today are Birlasoft (down 3.1%) and ZENSAR TECHNOLOGIES (down 2.2%).

Eclerx Services (up 1.7%) and INDIAMART INTERMESH (up 0.7%) are among the top gainers today.

Over the last one year, AVANTEL SOFT has moved up from Rs 172.4 to Rs 192.0, registering a gain of Rs 19.6 (up 11.3%).

On the other hand, the BSE IT index has moved down from 43,036.1 to 34,743.4, registering a loss of 19.3% during the last 12 months.

The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 51.0%), Birlasoft (down 41.0%) and HAPPIEST MINDS TECHNOLOGIES (down 38.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,415.4 (down 0.1%).

The top losers among the BSE Sensex today are Tata Motors (down 2.5%) and Hindustan Unilever (down 1.4%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 25,247.7 (down 0.2%). Tata Motors and Hindustan Unilever are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 81,467.1 to 82,415.4, registering a gain of 948.3 points (up 1.2%).

AVANTEL SOFT Financial Update...

AVANTEL SOFT net profit fell 56.3% YoY to Rs 32 million for the quarter ended June 2025, compared to a profit of Rs 74 million a year ago. Net sales rose 0.3% to Rs 519 million during the period as against Rs 518 million in April-June 2024.

For the year ended March 2025, AVANTEL SOFT reported 7.4% increase in net profit to Rs 564 million compared to net profit of Rs 526 million during FY24. Revenue of the company grew 12.5% to Rs 2,222 million during FY25.

The current Price to earnings ratio of AVANTEL SOFT, based on rolling 12 month earnings, stands at 97.3.


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