INFO EDGE share price has zoomed 5% and is presently trading at Rs 2,260.
Meanwhile, the BSE IT Index is at 15,620 (up 0.8%).
Among the top Gainers in the BSE IT Index today is INFO EDGE (up 5.1%).
CYIENT (down 0.3%) and WIPRO (down 0.5%) are among the top losers today.
Over the last one year, INFO EDGE has moved up from Rs 1,358 to Rs 2,260, registering a gain of Rs 902 (up 65.9%).
On the other hand, the BSE IT has moved up from 14,668 to 15,620, registering a gain of 952 points (up 6.3%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were WIPRO (up 28.1%), INFOSYS (up 15.9%) and INTELLECT DESIGN (up 13.1%).
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The BSE Sensex is at 38,170 (down 0.2%).
The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 3.4%), SUN PHARMA (up 2.5%) and INDUSIND BANK (up 2.2%). Other gainers include POWER GRID (up 1.6%) and AXIS BANK (up 1.5%). The most traded stocks in the BSE Sensex are POWER GRID and VEDANTA LTD.
In the meantime, NSE Nifty is at 11,361 (down 0.3%). VEDANTA LTD (up 3.4%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,825 to 38,170, registering a gain of 1,345 points (up 2.6%).
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 2019, INFO EDGE reported 22.8% increase in net profit to Rs 2.9 billion compared to net profit of Rs 2.3 billion during FY18.
Revenue of the company grew 16.5% to Rs 12 billion during FY19.
The current Price to earnings ratio of INFO EDGE, based on rolling 12 month earnings, stands at 97.6x. 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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