TAKE SOLUTIONS Plunges by 5%; BSE IT Index Up 0.1%
June 11, 2019 09:20 AM

TAKE SOLUTIONS share price has plunged 5% and is presently trading at Rs 150.

Meanwhile, the BSE IT Index is at 16,042 (up 0.1%).

Among the top losers in the BSE IT Index today are TAKE SOLUTIONS (down 5.4%) and INFIBEAM AVENUES (down 5.5%).

HCL TECHNOLOGIES (up 1.2%) and NIIT TECHNOLOGIES (up 1.2%) are among the top gainers today.

Over the last one year, TAKE SOLUTIONS has moved down from Rs 253 to Rs 150, registering a loss of Rs 103 (down 40.6%)..

The BSE IT has moved up from 13,583 to 16,042, registering a gain of 2,459 points (up 18.1%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were WIPRO (up 50.3%), TCS (up 27.8%) and L&T TECHONOLOGY (up 26.4%).

What About the Benchmark Indices?

The BSE Sensex is at 39,900 (up 0.3%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 1.6%). The most traded stocks in the BSE Sensex are BHARTI AIRTEL and HCL TECHNOLOGIES.

In the meantime, NSE Nifty is at 11,960 (up 0.1%). ONGC (up 1.2%) and INDUSIND BANK (up 1.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,483 to 39,900, registering a gain of 4,417 points (up 12.4%).

TAKE SOLUTIONS Financial Update...

TAKE SOLUTIONS net profit down at Rs 271 million for the quarter ended March 2019, compared to a loss of Rs 364 million a year ago. Net Sales rose 2.4% to Rs 5.3 billion during the period as against Rs 5.2 billion in January-March 2018.

For the year ended March 2018, TAKE SOLUTIONS reported 9.4% increase in net profit to Rs 1.6 billion compared to net profit of Rs 1.5 billion during FY17.

Revenue of the company grew 18.0% to Rs 16 billion during FY18.

The current Price to earnings ratio of TAKE SOLUTIONS, based on rolling 12 month earnings, stands at 11.8x.