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ECLERX SERVICES Plunges by 5%; BSE IT Index Down 0.7%

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ECLERX SERVICES Plunges by 5%; BSE IT Index Down 0.7%
Fri, 19 Jul 03:18 PM

ECLERX SERVICES share price has plunged 5% and is presently trading at Rs 666.

Meanwhile, the BSE IT Index is at 15,642 (down 0.7%).

Among the top losers in the BSE IT Index today are ECLERX SERVICES (down 5.4%) and PERSISTENT SYSTEMS (down 5.1%).

TCS (up 0.6%) and NIIT TECHNOLOGIES (up 0.2%) are among the top gainers today.

Over the last one year, ECLERX SERVICES has moved down from Rs 1,268 to Rs 666, registering a loss of Rs 602 (down 47.5%)..

The BSE IT has moved up from 14,470 to 15,642, registering a gain of 1,172 points (up 8.1%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 46.7%), L&T TECHONOLOGY (up 24.9%) and WIPRO (up 24.1%).

What About the Benchmark Indices?

The BSE Sensex is at 39,059 (down 1.5%). The top gainers among the BSE Sensex stocks today are NTPC (up 1.9%), TCS (up 0.6%) and COAL INDIA (up 0.5%). Other gainer include ONGC (up 0.1%). The most traded stocks in the BSE Sensex are NTPC and ONGC.

In the meantime, NSE Nifty is at 11,640 (down 1.6%). NTPC (up 2.0%) and TITAN (up 1.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,373 to 39,059, registering a gain of 2,686 points (up 5.3%).

ECLERX SERVICES Financial Update...

ECLERX SERVICES net profit stood at Rs 593 million for the quarter ended March 2019, compared to a profit of Rs 390 million a year ago. Net Sales rose 2.1% to Rs 3.7 billion during the period as against Rs 3.6 billion in January-March 2018.

For the year ended March 2018, ECLERX SERVICES reported 24.1% decrease in net profit to Rs 2.7 billion compared to net profit of Rs 3.5 billion during FY17.

Revenue of the company grew 2.6% to Rs 14 billion during FY18.

The current Price to earnings ratio of ECLERX SERVICES, based on rolling 12 month earnings, stands at 10.5x.

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Stock Market Updates

Sensex Trades Marginally Lower; Tata Motors & Yes Bank Slip Over 5% (Today's Market)

Aug 21, 2019 12:30 pm

Share markets in India are presently trading on a negative note amid weak global cues. The BSE Sensex is trading down by 136 points (down 0.4%).

YES BANK Plunges by 5%; BSE BANKEX Index Down 0.4% (Today's Market)

Aug 21, 2019 12:26 PM

YES BANK share price has plunged by 5% and its current market price is Rs 72. The BSE BANKEX is down by 0.4%. The top gainers in the BSE BANKEX Index are CITY UNION BANK (up 0.7%) and HDFC BANK (up 0.3%). The top losers is YES BANK (down 5.1%).

The BSE METAL Index Down 2% ; SAIL Among Top Losers (Today's Market)

Aug 21, 2019 12:20 PM

The BSE METAL Index Down at 8,746 (down 2.1%). Among the top losers in the BSE METAL Index today are SAIL, JINDAL STEEL & POWER and NMDC LTD. Meanwhile, the BSE Sensex has plunged 0.4% to 37,407.

PARAG MILK FOODS LTD Plunges by 5%; BSE 500 Index Down 0.6% (Today's Market)

Aug 21, 2019 12:10 PM

PARAG MILK FOODS LTD share price has plunged by 5% and its current market price is Rs 160. The BSE 500 is down by 0.6%. The top gainers in the BSE 500 Index are NESTLE (up 3.5%) and SUVEN LIFESCIENCES (up 3.0%). The top losers are PARAG MILK FOODS LTD (down 5.2%) and RELIANCE NIPPON LIFE ASSET MANAGEMENT LTD (down 5.2%).

ALLAHABAD BANK Plunges by 5%; BSE BANKEX Index Down 0.1% (Today's Market)

Aug 21, 2019 11:56 AM

ALLAHABAD BANK share price has plunged by 5% and its current market price is Rs 35. The BSE BANKEX is down by 0.1%. The top gainers in the BSE BANKEX Index are CITY UNION BANK (up 1.1%) and HDFC BANK (up 0.6%). The top losers is ALLAHABAD BANK (down 5.3%).

SAIL Plunges by 5%; BSE METAL Index Down 1.7% (Today's Market)

Aug 21, 2019 11:54 AM

SAIL share price has plunged by 5% and its current market price is Rs 35. The BSE METAL is down by 1.7%. The top losers is SAIL (down 5.5%).

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