PARAMATRIX TECHNOLOGIES LTD. Plunges 12%; BSE IT Index Up 0.4%
Wed, 5 Feb 10:1
Image source: Kameleon007 /www.istockphoto.comPARAMATRIX TECHNOLOGIES LTD. share price has plunged 12% and is presently trading at Rs 86.8.
Meanwhile, the BSE IT index is at 42,339.1 (up 0.4%).
Among the top losers in the BSE IT index today are HAPPIEST MINDS TECHNOLOGIES (down 1.2%) and Eclerx Services (down 0.8%).
Firstsource Solutions (up 4.7%) and CYIENT (up 3.1%) are among the top gainers today.
Over the last one year, PARAMATRIX TECHNOLOGIES LTD. has moved up from Rs 0.0 to Rs 86.8, registering a gain of Rs 86.8 .
On the other hand, the BSE IT index has moved up from 37,916.5 to 42,339.1, registering a gain of 11.7% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Firstsource Solutions (up 73.8%), ZENSAR TECHNOLOGIES (up 60.1%) and PERSISTENT SYSTEMS (up 43.7%).
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What About the Benchmark Indices?
The BSE Sensex is at 78,530.7 (down 0.1%).
The top losers among the BSE Sensex today are Asian Paints (down 4.3%) and Nestle (down 3.0%). The most traded stocks in the BSE Sensex are Tata Motors and ZOMATO.
In the meantime, NSE Nifty is at 23,754.2 (up 0.1%). BPCL and Indusind Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,731.4 to 78,530.7, registering a gain of 6,799.3 points (up 9.5%).
PARAMATRIX TECHNOLOGIES LTD. Financial Update...
PARAMATRIX TECHNOLOGIES LTD. net profit fell {profitpercent} YoY to Rs 0 million for the quarter ended March 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 0 million during the period as against Rs {salesnumberprev} million in {quarterprev}.
For the year ended March 2024, PARAMATRIX TECHNOLOGIES LTD. reported 41.6% decrease in net profit to Rs 41 million compared to net profit of Rs 71 million during FY23. Revenue of the company fell 1.3% to Rs 280 million during FY24.
Indian Share Market Update: Top Gainers and Losers
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