MINDTREE share price has hit a 52-week high at Rs 1,147 (up 1.2%).
Meanwhile, the BSE 500 Index is at 14,567 (up 1.1%).
Among the top gainers in the BSE 500 Index today are MINDTREE (up 1.2%) and SUN PHARMA ADV. RES. (up 10.4%).
OMAXE LTD (down 5.0%) and MRPL (down 4.4%) are among the top losers today.
Over the last one year, MINDTREE has moved up from Rs 708 to Rs 1,147, registering a gain of Rs 440 (up 61.07%).
The BSE 500 has moved up from 13,993 to 14,567, registering a gain of 574 points (up 4.1%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 655.2%), DIXON TECHNOLOGIES (up 324.6%) and GRANULES INDIA (up 245.7%).
DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...
The BSE Sensex is at 38,115 (up 1.1%). The top gainers among the BSE Sensex stocks today are AXIS BANK (up 3.4%), BAJAJ FINANCE (up 2.8%) and INDUSIND BANK (up 2.3%). Other gainers include BAJAJ FINSERV (up 2.3%) and ICICI BANK (up 2.3%). The most traded stocks in the BSE Sensex are SBI and RELIANCE IND..
In the meantime, NSE Nifty is at 11,222 (up 1.0%). HINDALCO (up 3.7%) and AXIS BANK (up 3.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,700 to 38,115, registering a gain of 1,415 points (up 3.8%).
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 29.7x. p >
What else is happening in the markets today? Dig in...
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
An Indian company founded three decades ago in a garage caught my attention...
In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.
More
Equitymaster requests your view! Post a comment on "MINDTREE at 52 Week High; BSE 500 Index Up 1.0% ". 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!