ECLERX SERVICES share price has zoomed 5% and is presently trading at Rs 387.
Meanwhile, the BSE IT Index is at 12,048 (up 4.6%).
Among the top Gainers in the BSE IT Index today are ECLERX SERVICES (up 5.1%) and MINDTREE (up 6.1%).
ORACLE FINANCIAL and TATA ELXSI (down 0.8%) are among the top losers today.
Over the last one year, ECLERX SERVICES has moved down from Rs 1,155 to Rs 387, registering a loss of Rs 768 (down 66.5%).
On the other hand, the BSE IT has moved down from 15,109 to 12,048, loss of 3,061 points (down 22.5%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were [param_historic_top3].
JUST IN: Limited-Time Access to Full Transcript of Our Urgent Broadcast on India's Revival
The BSE Sensex is at 27,463 (up 0.8%).
The top gainers among the BSE Sensex stocks today are INFOSYS (up 7.6%), HUL (up 5.8%) and TECH MAHINDRA (up 4.4%). Other gainers include HCL TECHNOLOGIES (up 3.6%) and RELIANCE IND. (up 3.4%). The most traded stocks in the BSE Sensex are SBI and ONGC.
In the meantime, NSE Nifty is at 8,037 (up 0.4%). The top gainers in the NSE Nifty include INFOSYS (up 7.9%), HUL (up 6.0%) and ADANI PORTS & SEZ (up 5.7%). Other gainers include TECH MAHINDRA (up 4.0%) and CIPLA (up 4.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,463, registering a loss of 10,346 points (down 30.76%).
ECLERX SERVICES net profit stood at Rs 701 million for the quarter ended December 2019, compared to a profit of Rs 390 million a year ago. Net Sales rose 5.0% to Rs 3.8 billion during the period as against Rs 3.6 billion in October-December 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 6.9x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.
P&G HYGIENE share price has hit an all time high at Rs 14,100 (up 3.1%). The BSE FMCG Index is up by 0.5%. Among the top gainers in the BSE FMCG Index today are P&G HYGIENE (up 3.1%) and NESTLE (up 2.0%). The top losers include HUL and GILLETTE INDIA (down 0.1%).
BSE Sensex is trading up by 74 points, while the NSE Nifty is trading up by 55 points.
Indian share markets open in green. The BSE Sensex opened up by 131 points, while the Nifty is trading higher by 40 points.
DCM SHRIRAM share price is trading up by 10% and its current market price is Rs 619. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index is DCM SHRIRAM (up 10.3%). The top losers are GODREJ PROPERTIES and TVS SRICHAKRA .
HINDUSTAN COPPER share price is trading up by 5% and its current market price is Rs 145. The BSE METAL is up by 0.8%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.2%). The top losers is COAL INDIA (down 0.2%).
View More Indian Share Market NewsAjit Dayal on how India's vaccine strategy will impact the markets.
Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.
Narayana Murthy was one of the first unicorn founders to get the backing of this entity...
In this video, I'll you what I think is the real reason behind yesterday's market crash.
This ignored sector could deliver big short-term profits.
More
Equitymaster requests your view! Post a comment on "ECLERX SERVICES Surges by 5%; BSE IT Index Up 4.6%". 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!