MINDTREE share price has hit an all-time high at Rs 1,300 (up 2.0%).
Meanwhile, the BSE IT Index is at 20,310 (up 2.2%).
Among the top gainers in the BSE IT Index today are MINDTREE (up 2.0%) and ORACLE FINANCIAL (up 1.3%).
L&T TECHONOLOGY and ECLERX SERVICES (down 0.1%) are among the top losers today.
Over the last one year, MINDTREE has moved up from Rs 680 to Rs 1,300, registering a gain of Rs 620 (up 90.8%).
The BSE IT has moved up from 15,904 to 20,310, registering a gain of 4,406 points (up 27.6%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were PERSISTENT SYSTEMS (up 106.1%), TATA ELXSI (up 104.7%) and INFIBEAM AVENUES (up 98.7%).
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The BSE Sensex is at 38,940 (up 0.2%). The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 4.5%), INFOSYS (up 2.2%) and TCS (up 2.1%). Other gainers include TECH MAHINDRA (up 2.1%) and KOTAK MAHINDRA BANK (up 1.2%). The most traded stocks in the BSE Sensex are HCL TECHNOLOGIES and INFOSYS.
In the meantime, NSE Nifty is at 11,529 (up 0.2%). The top gainers in the NSE Nifty include HCL TECHNOLOGIES (up 4.5%), TECH MAHINDRA (up 2.4%) and INFOSYS (up 2.2%). Other gainers include TCS (up 2.1%) and WIPRO (up 1.9%).
Over the last 12 months, the BSE Sensex has moved up from 36,481 to 38,940, registering a gain of 2,459 points (up 6.7%).
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 33.8x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
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 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 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 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%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. 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 ICICI LOMBARD GENERAL INSURANCE (down 5.2%) and BAJAJ FINSERV (down 6.2%).
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