INFO EDGE share price has hit an all-time high at Rs 1,917 (up 1.1%).
Meanwhile, the BSE IT Index is at 15,033 (up 0.8%).
Among the top gainers in the BSE IT Index today are INFO EDGE (up 1.1%) and TCS (up 0.9%).
TAKE SOLUTIONS (down 0.1%) and ECLERX SERVICES (down 0.2%) are among the top losers today.
Over the last one year, INFO EDGE has moved up from Rs 1,280 to Rs 1,917, registering a gain of Rs 636 (up 49.6%).
The BSE IT has moved up from 12,416 to 15,033, registering a gain of 2,617 points (up 21.0%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 43.1%), TCS (up 39.0%) and TECH MAHINDRA (up 24.0%).
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The BSE Sensex is at 38,020 (up 0.6%). The top gainers among the BSE Sensex stocks today are SBI (up 1.8%), ICICI BANK (up 1.7%) and WIPRO (up 1.6%). Other gainers include INDUSIND BANK (up 1.5%) and POWER GRID (up 1.4%). The most traded stocks in the BSE Sensex are YES BANK and SBI.
In the meantime, NSE Nifty is at 11,424 (up 0.6%). The top gainers in the NSE Nifty include KOTAK MAHINDRA BANK (up 3.7%), SBI (up 1.7%) and ICICI BANK (up 1.7%). Other gainers include INDUSIND BANK (up 1.5%) and WIPRO (up 1.4%).
Over the last 12 months, the BSE Sensex has moved up from 33,836 to 38,020, registering a gain of 4,184 points (up 12.3%).
INFO EDGE net profit stood at Rs 743 million for the quarter ended December 2018, compared to a profit of Rs 533 million a year ago. Net Sales rose 23.7% to Rs 2.8 billion during the period as against Rs 2.3 billion in October-December 2017.
For the year ended March 2018, INFO EDGE reported 29.7% increase in net profit to Rs 2.3 billion compared to net profit of Rs 1.8 billion during FY17.
Revenue of the company grew 11.3% to Rs 10 billion during FY18.
The current Price to earnings ratio of INFO EDGE, based on rolling 12 month earnings, stands at 115.5x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
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