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INFOSYS LTD plunges by 5%; BSE IT Index Down 2.0%

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INFOSYS LTD plunges by 5%; BSE IT Index Down 2.0%
Thu, 5 Jul 12:01 PM

INFOSYS LTD share price has plunged 5% and is presently trading at Rs 1,350.

Meanwhile, the BSE IT Index is at 14,153 (Down 2.0%).

Among the top losers in the BSE IT Index today is INFOSYS LTD (down 5.03%)

FIRSTSOURCE SOL. (up 3.30%) and ECLERX SERVICES (up 2.55%) are among the top gainers today.

Over the last one year, INFOSYS LTD has moved up from Rs 960 to Rs 1,350, registering a gain of Rs 390 (up 40.55%).

The BSE IT has moved up from 9,933 to 14,153, registering a gain of 4,220 points (up 42.48%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were KPIT TECHNOLOGIES (up 115.80%), L&T INFOTECH LTD (up 109.83%) and NIIT TECHNOLOGIES (up 93.01%).

What About the Benchmark Indices?

The BSE Sensex is at 35,748 (down 0.19%). The top gainers among the BSE Sensex stocks today are YES BANK (up 2.82%), ITC LTD (up 1.13%) and MARUTI SUZUKI (up 1.06%). Other gainers include HERO MOTOCORP (up 1.05%) and M&M (up 0.97%). The most traded stocks in the BSE Sensex are RELIANCE IND. and YES BANK.

In the meantime, NSE Nifty is at 10,786 (down 0.18%). YES BANK (up 2.91%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,210 to 35,748, registering a gain of 4,538 points (up 14.00%).

INFOSYS LTD Financial Update...

INFOSYS LTD net profit declined 28.1% YoY to Rs 37 billion for the quarter ended March 2018, compared to a loss of Rs 51 billion a year ago. Net Sales rose 1.6% to Rs 180.8 billion during the period as against Rs 177.9 billion in January-March 2017.

For the year ended March 2018, INFOSYS LTD reported 11.9% increase in net profit to Rs 161.0 billion compared to net profit of Rs 143.8 billion during FY17.

Revenue of the company grew 3.0% to Rs 705 billion during FY18.

The current Price to earnings ratio of INFOSYS LTD, based on rolling 12 month earnings, stands at 17.3x.

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Stock Market Updates

ASHOK LEYLAND Plunges by 5%; BSE AUTO Index Down 0.2% (Today's Market)

Jul 23, 2019 12:52 PM

ASHOK LEYLAND share price has plunged by 5% and its current market price is Rs 78. The BSE AUTO is down by 0.2%. The top gainers in the BSE AUTO Index are HERO MOTOCORP (up 1.3%) and EICHER MOTOR (up 1.1%). The top losers is ASHOK LEYLAND (down 5.1%).

RELIANCE CAPITAL Surges by 10%; BSE 500 Index Up 0.1% (Today's Market)

Jul 23, 2019 12:26 PM

RELIANCE CAPITAL share price has surged by 10% and its current market price is Rs 57. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are RELIANCE CAPITAL (up 10.0%) and DHFL (up 11.7%). The top losers are GODREJ CONSUMER and LIC HOUSING .

Indian Indices Trade Rangebound; HDFC & Tata Steel Top Losers (Today's Market)

Jul 23, 2019 12:30 pm

Share markets in India are presently trading on a positive note. Sectoral indices are trading on a mixed note with stocks in the realty sector, power sector and FMCG sector.

PC JEWELLER Surges by 11%; BSE 500 Index Up 0.1% (Today's Market)

Jul 23, 2019 12:16 PM

PC JEWELLER share price has surged by 11% and its current market price is Rs 37. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are PC JEWELLER (up 11.0%) and DHFL (up 13.0%). The top losers are GILLETTE INDIA and INDUSIND BANK .

CENTRUM FIN. Plunges by 5%; BSE 500 Index Up 0.1% (Today's Market)

Jul 23, 2019 11:52 AM

CENTRUM FIN. share price has plunged by 5% and its current market price is Rs 26. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are RELIANCE CAPITAL (up 10.7%) and PC JEWELLER (up 9.4%). The top losers are CENTRUM FIN. (down 5.0%) and SHRIRAM TRANSPORT (down 5.3%).

RELIANCE INFRA Surges by 6%; BSE POWER Index Up 0.9% (Today's Market)

Jul 23, 2019 11:06 AM

RELIANCE INFRA share price has surged by 6% and its current market price is Rs 46. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index is RELIANCE INFRA (up 5.7%). The top losers are SUZLON ENERGY (down 0.5%) and THERMAX (down 0.5%).

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