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Indian Stock Market Updates August 11, 2020

NIIT TECHNOLOGIES at All Time High; BSE IT Index Up 1.0%
Tue, 11 Aug 09:49 AM

NIIT TECHNOLOGIES share price has hit an all-time high at Rs 2,079 (up 4.3%).

Meanwhile, the BSE IT Index is at 18,412 (up 1.0%).

Among the top gainers in the BSE IT Index today are NIIT TECHNOLOGIES (up 4.3%) and L&T INFOTECH LTD (up 0.4%).

HEXAWARE TECHNOLOGIES and ORACLE FINANCIAL (down 0.5%) are among the top losers today.

Over the last one year, NIIT TECHNOLOGIES has moved up from Rs 1,307 to Rs 2,079, registering a gain of Rs 772 (up 58.6%).

The BSE IT has moved up from 15,503 to 18,412, registering a gain of 2,909 points (up 18.5%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were PERSISTENT SYSTEMS (up 86.9%), INFIBEAM AVENUES (up 78.2%) and TATA ELXSI (up 67.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 38,551 (up 0.8%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.1%), ICICI BANK (up 2.4%) and AXIS BANK (up 2.3%). Other gainers include ITC (up 1.9%) and HDFC (up 1.9%). The most traded stocks in the BSE Sensex are TECH MAHINDRA and ICICI BANK.

In the meantime, NSE Nifty is at 11,374 (up 0.8%). The top gainers in the NSE Nifty include HINDALCO (up 3.7%), TATA STEEL (up 3.3%) and JSW STEEL (up 3.2%). Other gainers include ZEE ENTERTAINMENT (up 3.1%) and ICICI BANK (up 2.5%).

Over the last 12 months, the BSE Sensex has moved up from 36,958 to 38,551, registering a gain of 1,593 points (up 4.1%).

NIIT TECHNOLOGIES Financial Update...

NIIT TECHNOLOGIES net profit down at Rs 1 billion for the quarter ended March 2020, compared to a loss of Rs 1 billion a year ago. Net Sales rose 3.3% to Rs 11.1 billion during the period as against Rs 10.7 billion in January-March 2019.

For the year ended March 2018, NIIT TECHNOLOGIES reported 4.9% increase in net profit to Rs 3.1 billion compared to net profit of Rs 2.9 billion during FY17.

Revenue of the company grew 6.8% to Rs 30 billion during FY18.

The current Price to earnings ratio of NIIT TECHNOLOGIES, based on rolling 12 month earnings, stands at 27.2x.

Stock Market Updates

Nifty is Weak but Smallcaps Can Outperform (Today's Market)

Feb 27, 2021 Momentum Moves

The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.

Bloodbath on Dalal Street: 6 Reasons Why Sensex Nosedived 1,939 Points Today (Today's Market)

Feb 26, 2021 Closing

Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.

ONGC Share Price Down by 7%; BSE OIL & GAS Index Down 4.0% (Today's Market)

Feb 26, 2021 03:34 PM

ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).

ULTRATECH CEMENT Share Price Down by 5%; BSE 500 Index Down 3.4% (Today's Market)

Feb 26, 2021 03:30 PM

ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).

JAGRAN PRAKASHAN Share Price Up by 10%; BSE 500 Index Down 3.2% (Today's Market)

Feb 26, 2021 03:26 PM

JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).

UPL Share Price Down by 5%; BSE 500 Index Down 3.2% (Today's Market)

Feb 26, 2021 03:26 PM

UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).

View More Indian Share Market News

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NIIT TECHNOLOGIES at All Time High; BSE IT Index Up 1.0% Tue, 11 Aug 09:49 AM

What About the Benchmark Indices?

NIIT TECHNOLOGIES Financial Update...

Indian Share Market Update: Top Gainers and Losers

Stock Market Updates

Nifty is Weak but Smallcaps Can Outperform (Today's Market)

Bloodbath on Dalal Street: 6 Reasons Why Sensex Nosedived 1,939 Points Today (Today's Market)

ONGC Share Price Down by 7%; BSE OIL & GAS Index Down 4.0% (Today's Market)

ULTRATECH CEMENT Share Price Down by 5%; BSE 500 Index Down 3.4% (Today's Market)

JAGRAN PRAKASHAN Share Price Up by 10%; BSE 500 Index Down 3.2% (Today's Market)

UPL Share Price Down by 5%; BSE 500 Index Down 3.2% (Today's Market)

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