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%).
Live Now: The Small Cap Proxy Players Briefing
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 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.
Image source: asbe/www.istockphoto.com
Equitymaster requests your view! Post a comment on "Allied Digital Plunges 10%; BSE IT Index Down 1.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!