MINDTREE share price has zoomed 10% and is presently trading at Rs 866.
Meanwhile, the BSE IT Index is at 13,335 (up 2.2%).
Among the top Gainers in the BSE IT Index today are MINDTREE (up 10.5%) and TATA ELXSI (up 11.7%).
SONATA SOFTWARE (down 2.0%) is among the top loser today.
Over the last one year, MINDTREE has moved down from Rs 979 to Rs 866, registering a loss of Rs 113 (down 11.9%).
On the other hand, the BSE IT has moved down from 15,912 to 13,335, loss of 2,577 points (down 16.8%) during the last 12 months.
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The BSE Sensex is at 32,104 (up 2.1%).
The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 5.5%), AXIS BANK (up 4.8%) and BAJAJ FINANCE (up 4.7%). Other gainers include HDFC (up 4.1%) and INDUSIND BANK (up 3.8%). The most traded stocks in the BSE Sensex are SBI and RELIANCE IND..
In the meantime, NSE Nifty is at 9,377 (up 2.2%). The top gainers in the NSE Nifty include KOTAK MAHINDRA BANK (up 5.6%), HINDALCO (up 5.3%) and AXIS BANK (up 4.8%). Other gainers include BAJAJ FINANCE (up 4.8%) and HDFC (up 4.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,055 to 32,104, registering a loss of 6,951 points (down 18.07%).
MINDTREE net profit stood at Rs 2 billion for the quarter ended March 2020, compared to a profit of Rs 2 billion a year ago. Net Sales rose 4.3% to Rs 20.5 billion during the period as against Rs 19.7 billion in January-March 2019.
For the year ended March 2019, MINDTREE reported 32.3% increase in net profit to Rs 7.5 billion compared to net profit of Rs 5.7 billion during FY18.
Revenue of the company grew 28.5% to Rs 70 billion during FY19.
The current Price to earnings ratio of MINDTREE, based on rolling 12 month earnings, stands at 22.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed buying interest during closing hours and ended today's volatile session higher.
GUJ. STATE PETRONET share price is trading up by 5% and its current market price is Rs 262. The BSE 500 is up by 1.4%. The top gainers in the BSE 500 Index are GUJ. STATE PETRONET (up 5.2%) and GSK CONSUMER (up 5.1%). The top losers are BAYER CROPSCIENCE and LAURUS LABS.
GUJARAT PIPAVAV PORT share price is trading up by 12% and its current market price is Rs 114. The BSE REALTY is up by 0.8%. The top gainers in the BSE REALTY Index is GUJARAT PIPAVAV PORT (up 12.5%). The top losers are PRESTIGE ESTATES and PHOENIX MILL (down 0.2%).
STRIDES PHARMA SCIENCE share price is trading up by 5% and its current market price is Rs 878. The BSE HEALTHCARE is up by 1.1%. The top gainers in the BSE HEALTHCARE Index is STRIDES PHARMA SCIENCE (up 5.1%). The top losers are AJANTA PHARMA (down 0.4%) and CAPLIN POINT (down 0.4%).
JAGRAN PRAKASHAN share price is trading down by 7% and its current market price is Rs 63. The BSE 500 is up by 1.3%. The top gainers in the BSE 500 Index are SYMPHONY (up 20.0%) and SHIPPING CORP (up 20.0%). The top losers is JAGRAN PRAKASHAN (down 7.4%)..
JK LAKSHMI CEMENT share price is trading up by 11% and its current market price is Rs 438. The BSE 500 is up by 1.0%. The top gainers in the BSE 500 Index are JK LAKSHMI CEMENT (up 11.0%) and TTK PRESTIGE (up 11.1%). The top losers are CROMPTON GREAVES CONSUMER ELEC. and RAYMOND .
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