ECLERX SERVICES share price has zoomed 10% and is presently trading at Rs 518.
Meanwhile, the BSE IT Index is at 16,116 (up 0.1%).
Among the top Gainers in the BSE IT Index today is ECLERX SERVICES (up 10.4%).
FIRSTSOURCE SOL. (down 0.1%) and INFOSYS (down 0.2%) are among the top losers today.
Over the last one year, ECLERX SERVICES has moved down from Rs 1,126 to Rs 518, registering a loss of Rs 608 (down 54.0%).
On the other hand, the BSE IT has moved up from 15,747 to 16,116, registering a gain of 369 points (up 1.5%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were INFOSYS (up 12.5%), NIIT TECHNOLOGIES (up 5.4%) and TCS (up 4.4%).
REVEALED: How to Potentially Make Up to Tens of Thousands of Rupees Within a Few Hours...
The BSE Sensex is at 37,252 (down 0.5%).
The top gainers among the BSE Sensex stocks today are ONGC (up 2.3%), HUL (up 0.8%) and TCS (up 0.6%). Other gainers include SUN PHARMA (up 0.4%) and POWER GRID (up 0.2%). The most traded stocks in the BSE Sensex are ONGC and ICICI BANK.
In the meantime, NSE Nifty is at 11,034 (down 0.6%). INDIABULLS HOU. FIN. (up 2.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 38,091 to 37,252, registering a gain of -839 points (up -2.3%).
ECLERX SERVICES net profit stood at Rs 398 million for the quarter ended June 2019, compared to a profit of Rs 390 million a year ago. Net Sales declined 0.8% to Rs 3.5 billion during the period as against Rs 3.6 billion in April-June 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 9.5x. p >
What else is happening in the markets today? Dig in...
The SGX Nifty opened on a negative note today. At 8:10 am, it was trading down by 158 points, or 1.1% lower at 14,912 levels.
Top cues to track in today's stock market session.
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
An Indian company founded three decades ago in a garage caught my attention...
In this video, I'll show you how to allocate your capital as a day trader.
More
Equitymaster requests your view! Post a comment on "ECLERX SERVICES Surges by 10%; BSE IT Index Up 0.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!