L&T INFOTECH LTD Plunges by 6%; BSE IT Index Down 0.3%

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?  

L&T INFOTECH LTD Plunges by 6%; BSE IT Index Down 0.3%
Thu, 19 Mar 02:38 PM

L&T INFOTECH LTD share price has plunged 6% and is presently trading at Rs 1,375.

Meanwhile, the BSE IT Index is at 11,697 (down 0.3%).

Among the top losers in the BSE IT Index today are L&T INFOTECH LTD (down 5.5%) and L&T TECHONOLOGY (down 5.8%).

INFOSYS (up 2.4%) and TCS (up 0.3%) are among the top gainers today.

Over the last one year, L&T INFOTECH LTD has moved down from Rs 1,573 to Rs 1,375, registering a loss of Rs 198 (down 12.6%)..

The BSE IT has moved down from 14,985 to 11,697, loss of 3,288 points (down 21.9%) during the last 12 months.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 29,371 (down 0.1%). The top gainers among the BSE Sensex stocks today are HERO MOTOCORP (up 5.6%). The most traded stocks in the BSE Sensex are ITC and ICICI BANK.

In the meantime, NSE Nifty is at 8,575 (down 1.4%). HERO MOTOCORP (up 5.0%) and ITC (up 4.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 29,371, registering a loss of 8,724 points (down 24.31%).

L&T INFOTECH LTD Financial Update...

L&T INFOTECH LTD net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 4 billion a year ago. Net Sales rose 13.7% to Rs 28.1 billion during the period as against Rs 24.7 billion in October-December 2018.

For the year ended March 2019, L&T INFOTECH LTD reported 36.2% increase in net profit to Rs 15.2 billion compared to net profit of Rs 11.1 billion during FY18.

Revenue of the company grew 29.3% to Rs 94 billion during FY19.

The current Price to earnings ratio of L&T INFOTECH LTD, based on rolling 12 month earnings, stands at 15.3x.



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

Equitymaster requests your view! Post a comment on "L&T INFOTECH LTD Plunges by 6%; BSE IT Index Down 0.3%". Click here!

  

Stock Market Updates

TORRENT PHARMA Surges by 6%; BSE HEALTHCARE Index Up 5.3% (Today's Market)

Apr 7, 2020 10:18 AM

TORRENT PHARMA share price has surged by 6% and its current market price is Rs 2,214. The BSE HEALTHCARE is up by 5.3%. The top gainers in the BSE HEALTHCARE Index are TORRENT PHARMA (up 5.8%) and SANOFI INDIA (up 6.0%). The top losers is GSK PHARMA (down 0.4%).

SUN PHARMA ADV. RES. Surges by 11%; BSE 500 Index Up 3.9% (Today's Market)

Apr 7, 2020 10:16 AM

SUN PHARMA ADV. RES. share price has surged by 11% and its current market price is Rs 117. The BSE 500 is up by 3.9%. The top gainers in the BSE 500 Index are SUN PHARMA ADV. RES. (up 11.4%) and LAURUS LABS LTD (up 12.9%). The top losers are SCHAEFFLER INDIA LTD and ITC (down 0.1%).

CADILA HEALTHCARE Surges by 15%; BSE HEALTHCARE Index Up 5.3% (Today's Market)

Apr 7, 2020 10:16 AM

CADILA HEALTHCARE share price has surged by 15% and its current market price is Rs 316. The BSE HEALTHCARE is up by 5.3%. The top gainers in the BSE HEALTHCARE Index are CADILA HEALTHCARE (up 15.0%) and LAURUS LABS LTD (up 12.9%). The top losers is GSK PHARMA (down 0.4%).

PROCTER & GAMBLE HEALTH Surges by 6%; BSE HEALTHCARE Index Up 5.3% (Today's Market)

Apr 7, 2020 10:16 AM

PROCTER & GAMBLE HEALTH share price has surged by 6% and its current market price is Rs 4,098. The BSE HEALTHCARE is up by 5.3%. The top gainers in the BSE HEALTHCARE Index are PROCTER & GAMBLE HEALTH (up 5.6%) and SANOFI INDIA (up 6.0%). The top losers is GSK PHARMA (down 0.4%).

PFIZER Surges by 7%; BSE HEALTHCARE Index Up 5.3% (Today's Market)

Apr 7, 2020 10:16 AM

PFIZER share price has surged by 7% and its current market price is Rs 4,340. The BSE HEALTHCARE is up by 5.3%. The top gainers in the BSE HEALTHCARE Index are PFIZER (up 6.7%) and SANOFI INDIA (up 6.0%). The top losers is GSK PHARMA (down 0.4%).

Sensex Opens Over 1,200 Points Higher; Banking Stocks Rally (Today's Market)

Apr 7, 2020 09:30 am

Asian stock markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 1.7% while the Hang Seng is up 0.6%.

View More Indian Share Market News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

The Insiders See a Buying Opportunity in These Smallcaps Amid Coronavirus Outbreak(Profit Hunter)

Mar 31, 2020

The promoters are buying these smallcaps amid the coronavirus outbreak.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Apr 7, 2020 11:13 AM

MARKET STATS