CYIENT share price has plunged 6% and is presently trading at Rs 347.
Meanwhile, the BSE IT Index is at 12,392 (down 1.4%).
Among the top losers in the BSE IT Index today are CYIENT (down 5.6%) and ECLERX SERVICES (down 9.9%).
SONATA SOFTWARE (up 1.9%) and ORACLE FINANCIAL (up 0.5%) are among the top gainers today.
Over the last one year, CYIENT has moved down from Rs 658 to Rs 347, registering a loss of Rs 311 (down 47.3%)..
The BSE IT has moved down from 14,985 to 12,392, loss of 2,593 points (down 17.3%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were [param_historic_top3].
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 31,832 (down 1.7%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 2.4%). The most traded stocks in the BSE Sensex are ONGC and ITC.
In the meantime, NSE Nifty is at 9,315 (down 1.6%). YES BANK (up 10.0%) and TATA STEEL (up 2.5%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,095 to 31,832, registering a loss of 6,263 points (down 19.03%).
CYIENT net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 924 million a year ago. Net Sales declined 6.9% to Rs 11.1 billion during the period as against Rs 11.9 billion in October-December 2018.
For the year ended March 2019, CYIENT reported 13.3% increase in net profit to Rs 4.8 billion compared to net profit of Rs 4.2 billion during FY18.
Revenue of the company grew 17.9% to Rs 46 billion during FY19.
The current Price to earnings ratio of CYIENT, based on rolling 12 month earnings, stands at 7.6x. p >
What else is happening in the markets today? Dig in...
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