IZMO Gains 20%; BSE IT Index Up 0.5%
Thu, 21 Aug 12:13
Image source: StarLineArts/www.istockphoto.comIZMO share price has zoomed 20% and is presently trading at Rs 488.0.
Meanwhile, the BSE IT index is at 35,190.1 (up 0.5%).
Among the top gainers in the BSE IT index today are HAPPIEST MINDS TECHNOLOGIES (up 3.5%) and Mphasis (up 1.7%).
Mastek (down 1.3%) and INTELLECT DESIGN (down 1.1%) are among the top losers today.
Over the last one year, IZMO has moved up from Rs 416.1 to Rs 488.0, registering a gain of Rs 71.9 (up 17.3%).
On the other hand, the BSE IT index has moved down from 41,900.3 to 35,190.1, registering a loss of 16.0% during the last 12 months.
The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 41.5%), Sonata Software (down 39.9%) and Birlasoft (down 38.0%).
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What About the Benchmark Indices?
The BSE Sensex is at 82,130.8 (up 0.3%).
The top gainers among the BSE Sensex today are Bajaj Finance (up 1.1%) and Bajaj Finserv (up 1.1%). The most traded stocks in the BSE Sensex are Axis Bank and Reliance Ind..
In the meantime, NSE Nifty is at 25,112.4 (up 0.3%). Dr. Reddys and Cipla are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 80,424.7 to 82,130.8, registering a gain of 1,706.1 points (up 2.1%).
IZMO Financial Update...
IZMO net profit fell 0.4% YoY to Rs 60 million for the quarter ended June 2025, compared to a profit of Rs 60 million a year ago. Net sales rose 18.8% to Rs 565 million during the period as against Rs 476 million in April-June 2024.
For the year ended March 2024, IZMO reported 30.1% increase in net profit to Rs 261 million compared to net profit of Rs 200 million during FY23. Revenue of the company grew 21.4% to Rs 1,867 million during FY24.
The current Price to earnings ratio of IZMO, based on rolling 12 month earnings, stands at 14.9.
Indian Share Market Update: Top Gainers and Losers
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