MPHASIS LTD share price has zoomed 5% and is presently trading at Rs 954.
Meanwhile, the BSE IT Index is at 14,262 (up 3.3%).
Among the top Gainers in the BSE IT Index today are MPHASIS LTD (up 5.3%) and PERSISTENT SYSTEMS (up 6.7%).
ECLERX SERVICES (down 0.2%) is among the top loser today.
Over the last one year, MPHASIS LTD has moved up from Rs 723 to Rs 954, registering a gain of Rs 230 (up 31.8%).
On the other hand, the BSE IT has moved up from 10,912 to 14,262, registering a gain of 3,350 points (up 30.7%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 76.4%), L&T TECHONOLOGY SERVICES (up 69.2%) and L&T INFOTECH LTD (up 64.8%).
Access Now: Eight Steps to Your Eight Figure Fortune
The BSE Sensex is at 35,822 (up 0.9%).
The top gainers among the BSE Sensex stocks today are INFOSYS LTD (up 4.2%), TCS (up 3.9%) and INDUSIND BANK (up 1.7%). Other gainers include HDFC BANK (up 1.5%) and RELIANCE IND. (up 1.3%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.
In the meantime, NSE Nifty is at 10,758 (up 0.6%). TCS (up 3.7%) and INFOSYS LTD (up 3.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,724 to 35,822, registering a gain of 2,098 points (up 6.2%).
MPHASIS LTD net profit stood at Rs 3 billion for the quarter ended September 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 15.3% to Rs 19.1 billion during the period as against Rs 16.6 billion in July-September 2017.
For the year ended March 2018, MPHASIS LTD reported 5.4% increase in net profit to Rs 8.5 billion compared to net profit of Rs 8.1 billion during FY17.
Revenue of the company grew 7.7% to Rs 65 billion during FY18.
The current Price to earnings ratio of MPHASIS LTD, based on rolling 12 month earnings, stands at 18.8x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge buying interest during the extended closing hours yesterday and ended on a strong note.
Indian share markets witnessed huge buying interest during the extended closing hours today and ended their day on a strong note.
The BSE Sensex is trading up by 477 points, while the NSE Nifty is trading up by 135 points.
SIEMENS share price has hit an all time high at Rs 1,922 (up 1.7%). The BSE CAPITAL GOODS Index is up by 0.5%. Among the top gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 1.7%) and HONEYWELL AUTOMATION (up 1.9%). The top losers include HAVELLS INDIA (down 0.2%) and GRAPHITE INDIA (down 0.2%).
MUTHOOT FINANCE share price is trading down by 6% and its current market price is Rs 1,315. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 10.0%) and BANK OF MAHARASHTRA (up 10.0%). The top losers are MUTHOOT FINANCE (down 5.8%) and HIMADRI SPECIALITY CHEMICAL (down 5.4%).
ZENSAR TECHNOLOGIES share price has hit a 52-week high. It is presently trading at Rs 282. BSE 500 Index is up by 0.5% at 19,684. Within the BSE 500, ZENSAR TECHNOLOGIES (up 5.3%) and NAVA BHARAT VENTURES (up 11.2%) are among the top gainers, while top losers are MAGMA FINCORP and RELIANCE POWER.
View More Indian Share Market NewsIn this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "MPHASIS LTD Surges by 5%; BSE IT Index Up 3.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!