CYIENT Plunges by 6%; BSE IT Index Down 1.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Markets will remain closed on 14th April, 2021 on account of Dr. Baba Saheb Ambedkar Jayanti.

CYIENT Plunges by 6%; BSE IT Index Down 1.4%
Tue, 17 Mar 09:30 AM

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

What About the Benchmark Indices?

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 Financial Update...

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.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "CYIENT Plunges by 6%; BSE IT Index Down 1.4%". Click here!

  

Stock Market Updates

Sensex Zooms 661 Points, Nifty Ends Above 14,500; M&M and Bajaj Finserv Top Gainers (Today's Market)

Apr 13, 2021 Closing

Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.

Sensex Trades Marginally Higher, Dow Futures Up by 17 Points (Today's Market)

Apr 13, 2021 12:30 pm

BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.

Indian Share Markets Open Marginally Higher; ONGC and M&M Top Gainers (Today's Market)

Apr 13, 2021 09:30 am

Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.

SGX Nifty Trades Higher, 5 Factors Behind the Stock Market Crash, Shriram Properties IPO, and Buzzing Stocks Today (Today's Market)

Apr 13, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave(Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

If the Market Falls, I Will Do This...(Fast Profits Daily)

Apr 1, 2021

What should you do if the market falls? In this video, I'll tell you what I will do.

The Indian Real Estate Party Has Just Begun(Profit Hunter)

Apr 1, 2021

A favourable demand supply scenario makes a strong case for real estate prices.

The Dilemma of Investing in Bharti Airtel(Views On News)

Apr 1, 2021

Rahul Shah on whether Bharti Airtel will emerge as the next big thing in the Indian stock market

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Apr 13, 2021 (Close)

MARKET STATS