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Indian Stock Market Updates October 8, 2020

MINDTREE Share Price Up by 5%; BSE IT Index Up 3.8%
Thu, 8 Oct 09:43 AM

MINDTREE share price has zoomed 5% and is presently trading at Rs 1,464.

Meanwhile, the BSE IT Index is at 22,169 (up 3.8%).

Among the top Gainers in the BSE IT Index today are MINDTREE (up 5.3%) and L&T INFOTECH LTD (up 7.6%).

Over the last one year, MINDTREE has moved up from Rs 721 to Rs 1,464, registering a gain of Rs 742 (up 102.7%).

On the other hand, the BSE IT has moved up from 15,382 to 22,169, registering a gain of 6,787 points (up 43.2%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INFIBEAM AVENUES (up 128.3%), PERSISTENT SYSTEMS (up 127.1%) and TATA ELXSI (up 110.1%).

REVEALED: The Secret to potentially Making Rs 18,870, Rs 9,425 and Rs 7,315 in a Single Day...

What About the Benchmark Indices?

The BSE Sensex is at 40,343 (up 1.1%).

The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 4.6%), TCS (up 4.2%) and INFOSYS (up 3.3%). Other gainers include TECH MAHINDRA (up 2.7%) and TATA STEEL (up 2.7%). The most traded stocks in the BSE Sensex are TCS and SBI.

In the meantime, NSE Nifty is at 11,870 (up 1.1%). The top gainers in the NSE Nifty include WIPRO (up 4.6%), HCL TECHNOLOGIES (up 4.5%) and TCS (up 4.2%). Other gainers include INFOSYS (up 3.2%) and TECH MAHINDRA (up 2.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,532 to 40,343, registering a gain of 2,811 points (up 7.42%).

MINDTREE Financial Update...

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 38.0x.

Stock Market Updates

5 Reasons Why Sensex Surged 1,147 Points Today (Today's Market)

Mar 3, 2021 Closing

Indian share markets continued their momentum and ended their day on a strong note today.

J&K BANK Share Price Up by 8%; BSE BANKEX Index Up 2.8% (Today's Market)

Mar 3, 2021 03:35 PM

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 Up by 5%; BSE OIL & GAS Index Up 1.3% (Today's Market)

Mar 3, 2021 03:27 PM

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 at All Time High; BSE BANKEX Index Up 2.8% (Today's Market)

Mar 3, 2021 03:23 PM

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 Down by 5%; BSE 500 Index Up 1.9% (Today's Market)

Mar 3, 2021 03:13 PM

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 Up by 5%; BSE BANKEX Index Up 2.7% (Today's Market)

Mar 3, 2021 03:09 PM

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%).

View More Indian Share Market News

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MINDTREE Share Price Up by 5%; BSE IT Index Up 3.8% Thu, 8 Oct 09:43 AM

What About the Benchmark Indices?

MINDTREE Financial Update...

Indian Share Market Update: Top Gainers and Losers