INFO EDGE Surges by 6%; BSE IT Index Down 0.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

INFO EDGE Surges by 6%; BSE IT Index Down 0.1%
Thu, 6 Jun 11:58 AM

INFO EDGE share price has zoomed 6% and is presently trading at Rs 2,390.

Meanwhile, the BSE IT Index is at 15,775 (down 0.1%).

Among the top Gainers in the BSE IT Index today is INFO EDGE (up 6.0%).

MINDTREE and WIPRO (down 0.2%) are among the top losers today.

Over the last one year, INFO EDGE has moved up from Rs 1,198 to Rs 2,390, registering a gain of Rs 1,192 (up 99.3%).

On the other hand, the BSE IT has moved up from 13,382 to 15,775, registering a gain of 2,393 points (up 17.3%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were WIPRO (up 50.5%), INTELLECT DESIGN (up 50.2%) and L&T TECHONOLOGY (up 24.9%).

Revealed: Top 3 Stocks for 2020 and Beyond

What About the Benchmark Indices?

The BSE Sensex is at 40,159 (down 0.4%).

The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 1.9%), COAL INDIA (up 1.8%) and POWER GRID (up 1.4%). Other gainers include HUL (up 1.2%) and HCL TECHNOLOGIES (up 0.7%). The most traded stocks in the BSE Sensex are POWER GRID and COAL INDIA.

In the meantime, NSE Nifty is at 12,040 (down 0.5%). ASIAN PAINTS (up 2.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,012 to 40,159, registering a gain of 5,147 points (up 14.0%).

INFO EDGE Financial Update...

INFO EDGE net profit down at Rs 663 million for the quarter ended March 2019, compared to a loss of Rs 743 million a year ago. Net Sales rose 4.1% to Rs 2.9 billion during the period as against Rs 2.8 billion in January-March 2018.

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 103.0x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "INFO EDGE Surges by 6%; BSE IT Index Down 0.1%". Click here!

  

Stock Market Updates

NIIT TECHNOLOGIES at All Time High; BSE IT Index Up 1.0% (Today's Market)

Aug 11, 2020 09:49 AM

NIIT TECHNOLOGIES share price has hit an all time high at Rs 2,079 (up 4.3%). The BSE IT Index is up by 1.0%. Among the top gainers in the BSE IT Index today are NIIT TECHNOLOGIES (up 4.3%) and L&T INFOTECH LTD (up 0.4%). The top losers include HEXAWARE TECHNOLOGIES and ORACLE FINANCIAL (down 0.5%).

ASTER DM HEALTHCARE LTD Share Price Up by 5%; BSE HEALTHCARE Index Up 0.0% (Today's Market)

Aug 11, 2020 09:41 AM

ASTER DM HEALTHCARE LTD share price is trading up by 5% and its current market price is Rs 140. The BSE HEALTHCARE is up by 0.0%. The top gainers in the BSE HEALTHCARE Index is ASTER DM HEALTHCARE LTD (up 5.4%). The top losers are SUN PHARMA (down 0.2%) and ALKEM LABORATORIES (down 0.2%).

Sensex Opens Over 300 Points Up; ICICI Bank and Axis Bank among Top Gainers (Today's Market)

Aug 11, 2020 09:30 am

Asian stock markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.5% while the Hang Seng is up 2.4%.

KEC INTERNATIONAL Share Price Up by 5%; BSE CAPITAL GOODS Index Up 0.9% (Today's Market)

Aug 11, 2020 09:37 AM

KEC INTERNATIONAL share price is trading up by 5% and its current market price is Rs 289. The BSE CAPITAL GOODS is up by 0.9%. The top gainers in the BSE CAPITAL GOODS Index is KEC INTERNATIONAL (up 5.3%). The top losers is AIA ENGINEERING (down 0.4%).

DIXON TECHNOLOGIES at All Time High; BSE CONSUMER DURABLES Index Down 1.0% (Today's Market)

Aug 11, 2020 09:37 AM

DIXON TECHNOLOGIES share price has hit an all time high at Rs 8,486 (up 4.6%). The BSE CONSUMER DURABLES Index is down by 1.0%. Among the top gainers in the BSE CONSUMER DURABLES Index today are DIXON TECHNOLOGIES (up 4.6%) and WHIRLPOOL OF INDIA (up 1.1%). The top losers include TTK PRESTIGE (down 2.0%) and TITAN (down 2.7%).

TORRENT PHARMA at All Time High; BSE HEALTHCARE Index Up 0.3% (Today's Market)

Aug 11, 2020 09:31 AM

TORRENT PHARMA share price has hit an all time high at Rs 3,040 (down 0.1%). The BSE HEALTHCARE Index is up by 0.3%. Among the top gainers in the BSE HEALTHCARE Index today are TORRENT PHARMA (down 0.4%) and ABBOTT INDIA (up 0.4%). The top losers include THYROCARE TECHNOLOGIES and DR. REDDYS LAB .

View More Indian Share Market News

Most Popular

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

Large Opportunities Are Coming Our Way

Aug 5, 2020

Kenneth Andrade tells us why stocks will bounce back strongly and what he's bullish on.

Is It Time to Book Profits in Gold and Silver?(Fast Profits Daily)

Aug 10, 2020

Gold and silver have delivered phenomenal returns this year. Is it time to take some money of the table?

This 20 Year Cycle Suggests Gold is Set for an August Rally(Profit Hunter)

Jul 31, 2020

The real reason why gold prices will go up more.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Aug 11, 2020 09:45 AM

MARKET STATS