TAKE SOLUTIONS Surges by 5%; BSE IT Index Up 1.0%
September 24, 2019 09:40 AM

TAKE SOLUTIONS share price has zoomed 5% and is presently trading at Rs 117.

Meanwhile, the BSE IT Index is at 15,264 (up 1.0%).

Among the top Gainers in the BSE IT Index today is TAKE SOLUTIONS (up 5.4%).

HCL TECHNOLOGIES (down 0.1%) and PERSISTENT SYSTEMS (down 0.4%) are among the top losers today.

Over the last one year, TAKE SOLUTIONS has moved down from Rs 166 to Rs 117, registering a loss of Rs 49 (down 30.2%).

On the other hand, the BSE IT has moved down from 15,788 to 15,264, loss of 524 points (down 3.6%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 16.7%) and INFOSYS (up 8.4%).

What About the Benchmark Indices?

The BSE Sensex is at 39,306 (up 0.2%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 2.9%), MARUTI SUZUKI (up 2.6%) and ONGC (up 2.5%). Other gainers include TATA MOTORS (up 1.9%) and VEDANTA LTD (up 1.7%). The most traded stocks in the BSE Sensex are TATA MOTORS and INFOSYS.

In the meantime, NSE Nifty is at 11,655 (up 0.1%). RELIANCE IND. (up 2.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,305 to 39,306, registering a gain of 3,001 points (up 7.9%).

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 10.1x.