INFO EDGE share price has zoomed 6% and is presently trading at Rs 2,745.
Meanwhile, the BSE IT Index is at 16,252 (down 0.1%).
Among the top Gainers in the BSE IT Index today is INFO EDGE (up 6.0%).
CYIENT (down 0.1%) and FIRSTSOURCE SOL. (down 0.1%) are among the top losers today.
Over the last one year, INFO EDGE has moved up from Rs 1,727 to Rs 2,745, registering a gain of Rs 1,018 (up 58.6%).
On the other hand, the BSE IT has moved up from 14,644 to 16,252, registering a gain of 1,608 points (up 10.7%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 52.5%), INFIBEAM AVENUES (up 35.2%) and PERSISTENT SYSTEMS (up 33.7%).
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The BSE Sensex is at 41,697 (up 0.6%).
The top gainers among the BSE Sensex stocks today are ULTRATECH CEMENT (up 2.7%), L&T (up 2.5%) and KOTAK MAHINDRA BANK (up 2.1%). Other gainers include COAL INDIA (up 2.1%) and AXIS BANK (up 2.0%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.
In the meantime, NSE Nifty is at 12,272 (up 0.7%). YES BANK (up 6.2%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,108 to 41,697, registering a gain of 5,589 points (up 15.4%).
INFO EDGE net profit down at Rs 93 million for the quarter ended September 2019, compared to a loss of Rs 743 million a year ago. Net Sales rose 12.6% to Rs 3.2 billion during the period as against Rs 2.8 billion in July-September 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 154.3x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
HEG share price is trading up by 5% and its current market price is Rs 2,177. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are HEG (up 5.3%) and GRAPHITE INDIA (up 7.5%). The top losers are KALPATARU POWER (down 0.1%) and HONEYWELL AUTOMATION (down 0.4%).
BANK OF MAHARASHTRA share price is trading up by 6% and its current market price is Rs 24. The BSE BANKEX is up by 1.0%. The top gainers in the BSE BANKEX Index is BANK OF MAHARASHTRA (up 5.9%). The top losers is KOTAK MAHINDRA BANK (down 0.3%).
ADANI PORTS & SEZ share price is trading down by 5% and its current market price is Rs 755. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are ADANI PORTS & SEZ (down 5.3%) and MAH. SCOOTERS (down 5.2%).
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