INFO EDGE share price has plunged 5% and is presently trading at Rs 2,455.
Meanwhile, the BSE IT Index is at 13,626 (down 0.4%).
Among the top losers in the BSE IT Index today is INFO EDGE (down 5.3%).
MPHASIS (up 1.7%) and SONATA SOFTWARE (up 1.3%) are among the top gainers today.
Over the last one year, INFO EDGE has moved up from Rs 1,834 to Rs 2,455, registering a gain of Rs 621 (up 33.8%)..
The BSE IT has moved down from 15,516 to 13,626, loss of 1,890 points (down 12.2%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 8.9%), INFIBEAM AVENUES (up 6.2%) and L&T INFOTECH LTD (up 1.4%).
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The BSE Sensex is at 30,596 (up 0.7%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.1%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ITC.
In the meantime, NSE Nifty is at 9,000 (up 0.7%). UPL (up 3.1%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,353 to 30,596, registering a loss of 8,757 points (down 22.70%).
INFO EDGE net profit stood at Rs 880 million for the quarter ended December 2019, compared to a profit of Rs 743 million a year ago. Net Sales rose 14.0% to Rs 3.2 billion during the period as against Rs 2.8 billion in October-December 2018.
For the year ended March 2019, INFO EDGE reported 22.8% increase in net profit to Rs 2.9 billion compared to net profit of Rs 2.3 billion during FY18.
Revenue of the company grew 16.5% to Rs 12 billion during FY19.
The current Price to earnings ratio of INFO EDGE, based on rolling 12 month earnings, stands at 123.9x. p >
What else is happening in the markets today? Dig in...
Indian share markets continued their momentum and ended their day on a strong note today.
J&K BANK share price is trading up by 8% and its current market price is Rs 32. The BSE BANKEX is up by 2.8%. The top gainers in the BSE BANKEX Index are J&K BANK (up 7.6%) and RBL BANK (up 5.2%).
RELIANCE IND. share price is trading up by 5% and its current market price is Rs 2,216. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is RELIANCE IND. (up 5.1%). The top losers are PETRONET LNG (down 0.1%) and BPCL (down 0.4%).
AU SMALL FINANCE BANK share price has hit an all time high at Rs 1,224 (up 4.2%). The BSE BANKEX Index is up by 2.8%. Among the top gainers in the BSE BANKEX Index today are AU SMALL FINANCE BANK (up 4.2%) and KOTAK MAHINDRA BANK (up 3.0%).
REDINGTON share price is trading down by 5% and its current market price is Rs 200. The BSE 500 is up by 1.9%. The top gainers in the BSE 500 Index are IFCI (up 19.9%) and IDBI BANK (up 12.1%). The top losers are REDINGTON (down 5.1%) and SYMPHONY (down 5.1%).
RBL BANK share price is trading up by 5% and its current market price is Rs 249. The BSE BANKEX is up by 2.7%. The top gainers in the BSE BANKEX Index are RBL BANK (up 5.0%) and FEDERAL BANK (up 5.7%).
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