KPIT TECHNOLOGIES share price has plunged 11% and is presently trading at Rs 108.
Meanwhile, the BSE IT Index is at 15,488 (down 0.8%).
Among the top losers in the BSE IT Index today is KPIT TECHNOLOGIES (down 10.6%).
TECH MAHINDRA (up 1.6%) and CYIENT LTD (up 1.1%) are among the top gainers today.
Over the last one year, KPIT TECHNOLOGIES has moved down from Rs 209 to Rs 108, registering a loss of Rs 101 (down 48.4%)..
The BSE IT has moved up from 12,090 to 15,488, registering a gain of 3,398 points (up 28.1%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 53.7%), TCS (up 36.7%) and TECH MAHINDRA (up 34.4%).
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The BSE Sensex is at 35,912 (down 0.4%). The top gainers among the BSE Sensex stocks today are NTPC (up 1.9%). The most traded stocks in the BSE Sensex are VEDANTA LTD and ONGC.
In the meantime, NSE Nifty is at 10,760 (down 0.3%). DR. REDDYS LAB (up 2.9%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,297 to 35,912, registering a gain of 1,615 points (up 3.9%).
KPIT TECHNOLOGIES net profit down at Rs 378 million for the quarter ended December 2018, compared to a loss of Rs 619 million a year ago. Net Sales declined 38.2% to Rs 5.6 billion during the period as against Rs 9.1 billion in October-December 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 6.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets continued their momentum and ended their day on a strong note today.
J&K BANK share price is trading up by 8% and its current market price is Rs 32. The BSE BANKEX is up by 2.8%. The top gainers in the BSE BANKEX Index are J&K BANK (up 7.6%) and RBL BANK (up 5.2%).
RELIANCE IND. share price is trading up by 5% and its current market price is Rs 2,216. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is RELIANCE IND. (up 5.1%). The top losers are PETRONET LNG (down 0.1%) and BPCL (down 0.4%).
AU SMALL FINANCE BANK share price has hit an all time high at Rs 1,224 (up 4.2%). The BSE BANKEX Index is up by 2.8%. Among the top gainers in the BSE BANKEX Index today are AU SMALL FINANCE BANK (up 4.2%) and KOTAK MAHINDRA BANK (up 3.0%).
REDINGTON share price is trading down by 5% and its current market price is Rs 200. The BSE 500 is up by 1.9%. The top gainers in the BSE 500 Index are IFCI (up 19.9%) and IDBI BANK (up 12.1%). The top losers are REDINGTON (down 5.1%) and SYMPHONY (down 5.1%).
RBL BANK share price is trading up by 5% and its current market price is Rs 249. The BSE BANKEX is up by 2.7%. The top gainers in the BSE BANKEX Index are RBL BANK (up 5.0%) and FEDERAL BANK (up 5.7%).
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