TAKE SOLUTIONS Surges by 6%; BSE IT Index Up 0.1%
September 16, 2019 11:19 AM

TAKE SOLUTIONS share price has zoomed 6% and is presently trading at Rs 138.

Meanwhile, the BSE IT Index is at 16,116 (up 0.1%).

Among the top Gainers in the BSE IT Index today are TAKE SOLUTIONS (up 6.3%) and ECLERX SERVICES (up 10.8%).

FIRSTSOURCE SOL. (down 0.1%) and MPHASIS (down 0.1%) are among the top losers today.

Over the last one year, TAKE SOLUTIONS has moved down from Rs 200 to Rs 138, registering a loss of Rs 62 (down 31.8%).

On the other hand, the BSE IT has moved up from 15,747 to 16,116, registering a gain of 369 points (up 1.5%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INFOSYS (up 12.6%), NIIT TECHNOLOGIES (up 4.9%) and TCS (up 4.3%).

What About the Benchmark Indices?

The BSE Sensex is at 37,302 (down 0.3%).

The top gainers among the BSE Sensex stocks today are ONGC (up 1.5%), HUL (up 0.8%) and SUN PHARMA (up 0.8%). Other gainers include BHARTI AIRTEL (up 0.6%) and TCS (up 0.5%). The most traded stocks in the BSE Sensex are TATA MOTORS and VEDANTA LTD.

In the meantime, NSE Nifty is at 11,053 (down 0.3%). GAIL (up 2.3%) and INDIABULLS HOU. FIN. (up 1.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,091 to 37,302, registering a gain of -789 points (up -2.2%).

TAKE SOLUTIONS Financial Update...

TAKE SOLUTIONS net profit stood at Rs 461 million for the quarter ended June 2019, compared to a profit of Rs 364 million a year ago. Net Sales rose 11.7% to Rs 5.8 billion during the period as against Rs 5.2 billion in April-June 2018.

For the year ended March 2019, TAKE SOLUTIONS reported 11.6% increase in net profit to Rs 1.8 billion compared to net profit of Rs 1.6 billion during FY18.

Revenue of the company grew 28.5% to Rs 20 billion during FY19.

The current Price to earnings ratio of TAKE SOLUTIONS, based on rolling 12 month earnings, stands at 11.9x.