AXIS-IT&T LIMITED Gains 5%; BSE IT Index Down 0.5%
Mon, 10 Feb 9:53
Image source: alexsl/www.istockphoto.comAXIS-IT&T LIMITED share price has zoomed 5% and is presently trading at Rs 787.6.
Meanwhile, the BSE IT index is at 42,012.8 (down 0.5%).
Among the top gainers in the BSE IT index today are Firstsource Solutions (up 2.7%) and INDIAMART INTERMESH (up 0.2%).
Sonata Software (down 3.7%) and Mastek (down 1.9%) are among the top losers today.
Over the last one year, AXIS-IT&T LIMITED has moved up from Rs 770.0 to Rs 787.6, registering a gain of Rs 17.6 (up 2.3%).
On the other hand, the BSE IT index has moved up from 39,031.6 to 42,012.8, registering a gain of 7.6% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Firstsource Solutions (up 73.5%), ZENSAR TECHNOLOGIES (up 55.0%) and PERSISTENT SYSTEMS (up 42.9%).
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What About the Benchmark Indices?
The BSE Sensex is at 77,418.6 (down 0.6%).
The top losers among the BSE Sensex today are Tata Steel (down 3.1%) and Power Grid Corp. (down 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and ZOMATO.
In the meantime, NSE Nifty is at 23,429.1 (down 0.6%). Tata Steel and JSW Steel are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 72,186.1 to 77,418.6, registering a gain of 5,232.5 points (up 7.2%).
AXIS-IT&T LIMITED Financial Update...
AXIS-IT&T LIMITED net profit grew 95.9% YoY to Rs 148 million for the quarter ended December 2024, compared to a profit of Rs 75 million a year ago. Net sales rose 18.2% to Rs 2,745 million during the period as against Rs 2,322 million in October-December 2023.
For the year ended March 2024, AXIS-IT&T LIMITED reported 796.3% increase in net profit to Rs 334 million compared to net loss of Rs 48 million during FY23. Revenue of the company grew 16.2% to Rs 9,551 million during FY24.
The current Price to earnings ratio of AXIS-IT&T LIMITED, based on rolling 12 month earnings, stands at 63.3.
Indian Share Market Update: Top Gainers and Losers
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