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- Indian Stock Market Updates January 16, 2019
KPIT TECHNOLOGIES Plunges by 6%; BSE IT Index Up 0.2%
Wed, 16 Jan 09:20 AM
KPIT TECHNOLOGIES share price has plunged 6% and is presently trading at Rs 199.
Meanwhile, the BSE IT Index is at 14,507 (up 0.2%).
Among the top losers in the BSE IT Index today is KPIT TECHNOLOGIES (down 6.0%).
SONATA SOFTWARE (up 2.6%) and CYIENT LTD (up 1.7%) are among the top gainers today.
Over the last one year, KPIT TECHNOLOGIES has moved down from Rs 201 to Rs 199, registering a loss of Rs 2 (down 1.0%)..
The BSE IT has moved up from 11,643 to 14,507, registering a gain of 2,864 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 69.6%), L&T TECHONOLOGY SERVICES (up 58.8%) and L&T INFOTECH LTD (up 54.9%).
What About the Benchmark Indices?
The BSE Sensex is at 36,371 (up 0.1%). The top gainers among the BSE Sensex stocks today are HERO MOTOCORP (up 1.3%). The most traded stocks in the BSE Sensex are NTPC and KOTAK MAH. BANK.
In the meantime, NSE Nifty is at 10,900 (up 0.1%). ZEE ENTERTAINMENT (up 2.4%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,844 to 36,371, registering a gain of 1,527 points (up 4.4%).
KPIT TECHNOLOGIES Financial Update...
KPIT TECHNOLOGIES net profit stood at Rs 876 million for the quarter ended September 2018, compared to a profit of Rs 619 million a year ago. Net Sales rose 18.2% to Rs 10.8 billion during the period as against Rs 9.1 billion in July-September 2017.
For the year ended March 2016, KPIT TECHNOLOGIES reported 23.5% increase in net profit to Rs 2.9 billion compared to net profit of Rs 2.4 billion during FY15.
Revenue of the company grew 11.4% to Rs 32 billion during FY16.
The current Price to earnings ratio of KPIT TECHNOLOGIES, based on rolling 12 month earnings, stands at 12.1x.
Indian Share Market Update: Top Gainers and Losers
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Stock Market Updates
Dividend Stocks Amid Volatile Stock Markets; US-China Trade War and More (Today's Market)
Aug 16, 2019 PodcastThe market, which has been caught in the grip of the bears, gave a negative yearly return for first time in last eight years.
Sensex Ends Marginally Higher; Automobile and Power Stocks Witness Buying (Today's Market)
Aug 16, 2019 ClosingThe BSE Sensex ended the day up by 39 points, while the NSE Nifty closed up by 18 points.
PIDILITE INDUSTRIES at All Time High; BSE FMCG Index Up 0.4% (Today's Market)
Aug 16, 2019 03:34 PMPIDILITE INDUSTRIES share price has hit an all time high at Rs 1,373 (up 1.7%). The BSE FMCG Index is up by 0.4%. Among the top gainers in the BSE FMCG Index today are PIDILITE INDUSTRIES (up 1.7%) and P&G HYGIENE (up 0.2%). The top losers include AVANTI FEEDS (down 0.1%) and COLGATE (down 0.1%).
APL APOLLO TUBES Surges by 6%; BSE CAPITAL GOODS Index Down 0.1% (Today's Market)
Aug 16, 2019 03:32 PMAPL APOLLO TUBES share price has surged by 6% and its current market price is Rs 1,350. The BSE CAPITAL GOODS is down by 0.1%. The top gainers in the BSE CAPITAL GOODS Index are APL APOLLO TUBES (up 6.4%) and SUZLON ENERGY (up 6.7%). The top losers are LAKSHMI MACHINE (down 0.2%) and HONEYWELL AUTOMATION (down 0.4%).
CANARA BANK Surges by 5%; BSE BANKEX Index Up 0.8% (Today's Market)
Aug 16, 2019 03:30 PMCANARA BANK share price has surged by 5% and its current market price is Rs 237. The BSE BANKEX is up by 0.8%. The top gainers in the BSE BANKEX Index is CANARA BANK (up 5.2%). The top losers is HDFC BANK (down 0.2%).
ECLERX SERVICES Plunges by 5%; BSE IT Index Down 0.8% (Today's Market)
Aug 16, 2019 03:30 PMECLERX SERVICES share price has plunged by 5% and its current market price is Rs 519. The BSE IT is down by 0.8%. The top gainers in the BSE IT Index are FIRSTSOURCE SOL. (up 3.5%) and ORACLE FINANCIAL (up 3.2%). The top losers is ECLERX SERVICES (down 5.5%).
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