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Allied Digital Plunges 10%; BSE IT Index Down 1.1%
Mon, 2 Feb 11:20

Allied Digital Plunges 10%; BSE IT Index Down 1.1%Image source: asbe/www.istockphoto.com

Allied Digital share price has plunged 10% and is presently trading at Rs 127.9.

Meanwhile, the BSE IT index is at 36,454.6 (down 1.1%).

Among the top losers in the BSE IT index today are INTELLECT DESIGN (down 7.9%) and CYIENT (down 3.2%).

Eclerx Services (up 1.1%) and KPIT TECHNOLOGIES (up 0.7%) are among the top gainers today.

Over the last one year, Allied Digital has moved down from Rs 230.6 to Rs 127.9, registering a loss of Rs 102.8 (down 44.6%).

On the other hand, the BSE IT index has moved down from 41,664.3 to 36,454.6, registering a loss of 12.5% during the last 12 months.

The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 51.5%), HAPPIEST MINDS TECHNOLOGIES (down 41.4%) and Sonata Software (down 40.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,573.3 (down 0.2%).

The top losers among the BSE Sensex today are SBI (down 2.3%) and ITC (down 2.3%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.

In the meantime, NSE Nifty is at 24,728.5 (down 0.4%). Shriram Transport and Cipla are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 76,759.8 to 80,573.3, registering a gain of 3,813.5 points (up 5.0%).

Allied Digital Financial Update...

Allied Digital net profit grew 32.9% YoY to Rs 154 million for the quarter ended September 2025, compared to a profit of Rs 116 million a year ago. Net sales rose 15.1% to Rs 2,337 million during the period as against Rs 2,030 million in July-September 2024.

For the year ended March 2025, Allied Digital reported 30.0% decrease in net profit to Rs 321 million compared to net profit of Rs 458 million during FY24. Revenue of the company grew 17.5% to Rs 8,071 million during FY25.

The current Price to earnings ratio of Allied Digital, based on rolling 12 month earnings, stands at 18.0.


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