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- Indian Stock Market Updates January 9, 2019
PERSISTENT SYSTEMS Surges by 7%; BSE IT Index Up 0.8%
Wed, 9 Jan 09:24 AM
PERSISTENT SYSTEMS share price has zoomed 7% and is presently trading at Rs 610.
Meanwhile, the BSE IT Index is at 14,259 (up 0.8%).
Among the top Gainers in the BSE IT Index today is PERSISTENT SYSTEMS (up 6.9%).
HCL TECH. (down 0.1%) and TATA ELXSI (down 0.1%) are among the top losers today.
Over the last one year, PERSISTENT SYSTEMS has moved down from Rs 718 to Rs 610, registering a loss of Rs 108 (down 15.0%).
On the other hand, the BSE IT has moved up from 11,353 to 14,259, registering a gain of 2,906 points (up 24.6%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 62.0%), L&T INFOTECH LTD (up 51.9%) and L&T TECHONOLOGY SERVICES (up 50.3%).
What About the Benchmark Indices?
The BSE Sensex is at 36,251 (up 0.6%).
The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 1.4%), INFOSYS LTD (up 1.3%) and SUN PHARMA (up 1.0%). Other gainers include MARUTI SUZUKI (up 0.9%) and BHARTI AIRTEL (up 0.8%). The most traded stocks in the BSE Sensex are INFOSYS LTD and YES BANK.
In the meantime, NSE Nifty is at 10,869 (up 0.5%). AXIS BANK (up 1.6%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,353 to 36,251, registering a gain of 1,898 points (up 5.4%).
PERSISTENT SYSTEMS Financial Update...
PERSISTENT SYSTEMS net profit down at Rs 881 million for the quarter ended September 2018, compared to a loss of Rs 917 million a year ago. Net Sales rose 5.5% to Rs 8.4 billion during the period as against Rs 7.9 billion in July-September 2017.
For the year ended March 2018, PERSISTENT SYSTEMS reported 3.3% increase in net profit to Rs 3.2 billion compared to net profit of Rs 3.1 billion during FY17.
Revenue of the company grew 5.4% to Rs 30 billion during FY18.
The current Price to earnings ratio of PERSISTENT SYSTEMS, based on rolling 12 month earnings, stands at 14.3x.
Indian Share Market Update: Top Gainers and Losers
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Stock Market Updates
ONGC Surges by 5%; BSE OIL & GAS Index Up 3.3% (Today's Market)
Aug 23, 2019 01:58 PMONGC share price has surged by 5% and its current market price is Rs 123. The BSE OIL & GAS is up by 3.3%. The top gainers in the BSE OIL & GAS Index are ONGC (up 5.1%) and HPCL (up 5.4%). The top losers [TOPLOSERS].
ONGC Surges by 5%; BSE OIL & GAS Index Up 3.3% (Today's Market)
Aug 23, 2019 01:56 PMONGC share price has surged by 5% and its current market price is Rs 123. The BSE OIL & GAS is up by 3.3%. The top gainers in the BSE OIL & GAS Index are ONGC (up 5.3%) and BPCL (up 5.0%). The top losers [TOPLOSERS].
INOX WIND Surges by 6%; BSE CAPITAL GOODS Index Up 0.2% (Today's Market)
Aug 23, 2019 01:56 PMINOX WIND share price has surged by 6% and its current market price is Rs 37. The BSE CAPITAL GOODS is up by 0.2%. The top gainers in the BSE CAPITAL GOODS Index are INOX WIND (up 5.6%) and BHARAT ELECTRONICS (up 5.9%). The top losers are LAKSHMI MACHINE (down 0.2%) and L&T (down 0.3%).
BPCL Surges by 5%; BSE OIL & GAS Index Up 3.4% (Today's Market)
Aug 23, 2019 01:54 PMBPCL share price has surged by 5% and its current market price is Rs 329. The BSE OIL & GAS is up by 3.4%. The top gainers in the BSE OIL & GAS Index are BPCL (up 5.2%) and HPCL (up 5.6%). The top losers [TOPLOSERS].
TATA ELXSI Surges by 5%; BSE IT Index Up 1.1% (Today's Market)
Aug 23, 2019 01:14 PMTATA ELXSI share price has surged by 5% and its current market price is Rs 637. The BSE IT is up by 1.1%. The top gainers in the BSE IT Index is TATA ELXSI (up 5.1%). The top losers are SONATA SOFTWARE (down 0.2%) and ECLERX SERVICES (down 0.8%).
Indian Stock Markets Turn Flat; Metal and Energy Stocks Gain (Today's Market)
Aug 23, 2019 12:30 pmStock markets in India are presently trading on a flat note. The BSE Sensex is trading down by 41 points and the NSE Nifty is trading up by 7 points.
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