MINDTREE at All Time High; BSE IT Index Up 1.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

MINDTREE at All Time High; BSE IT Index Up 1.1%
Wed, 10 Mar 09:30 AM

MINDTREE share price has hit an all-time high at Rs 1,844 (up 1.4%).

Meanwhile, the BSE IT Index is at 26,236 (up 1.1%).

Among the top gainers in the BSE IT Index today are MINDTREE (up 1.4%) and L&T INFOTECH (up 1.9%).

HEXAWARE TECHNOLOGIES is among the top loser today.

Over the last one year, MINDTREE has moved up from Rs 905 to Rs 1,844, registering a gain of Rs 939 (up 100.9%).

The BSE IT has moved up from 14,554 to 26,236, registering a gain of 11,682 points (up 79.9%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 366.6%), TATA ELXSI (up 187.0%) and FIRSTSOURCE SOLUTIONS (up 162.1%).

Learn: How to Potentially Accumulate Rs 7 Crore in Wealth Over the Long-term

What About the Benchmark Indices?

The BSE Sensex is at 51,430 (up 0.6%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.3%), M&M (up 1.5%) and BAJAJ FINANCE (up 1.4%). Other gainers include SUN PHARMA (up 1.3%) and SBI (up 1.1%). The most traded stocks in the BSE Sensex are SBI and INFOSYS.

In the meantime, NSE Nifty is at 15,218 (up 0.6%). The top gainers in the NSE Nifty include INDUSIND BANK (up 3.3%), EICHER MOTOR (up 1.8%) and M&M (up 1.6%). Other gainers include CIPLA (up 1.5%) and JSW STEEL (up 1.5%).

Over the last 12 months, the BSE Sensex has moved up from 35,635 to 51,430, registering a gain of 15,795 points (up 44.1%).

MINDTREE Financial Update...

MINDTREE net profit stood at Rs 3 billion for the quarter ended December 2020, compared to a profit of Rs 2 billion a year ago. Net Sales rose 3.0% to Rs 20.2 billion during the period as against Rs 19.7 billion in October-December 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 29.9x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "MINDTREE at All Time High; BSE IT Index Up 1.1%". Click here!

  

Stock Market Updates

Sensex Opens Flat; Asian Paints Rallies 7% Post Q4 Results (Today's Market)

May 14, 2021 09:30 am

Asian stock markets climbed today after US benchmarks halted a three-day slide, with signs of a strengthening labor market outweighing investors' concerns about rising inflation.

ADANI TOTAL GAS Share Price Down by 5%; BSE 500 Index Down 0.1% (Today's Market)

May 14, 2021 09:34 AM

ADANI TOTAL GAS share price is trading down by 5% and its current market price is Rs 1,330. The BSE 500 is down by 0.1%. The top gainers in the BSE 500 Index are ASIAN PAINTS (up 6.7%) and BANK OF INDIA (up 5.7%). The top losers are ADANI TOTAL GAS (down 5.2%) and VINATI ORGANICS (down 7.1%).

JINDAL STEEL & POWER Share Price Down by 5%; BSE METAL Index Down 2.4% (Today's Market)

May 14, 2021 09:32 AM

JINDAL STEEL & POWER share price is trading down by 5% and its current market price is Rs 466. The BSE METAL is down by 2.4%. The top losers are JINDAL STEEL & POWER (down 5.3%) and NMDC (down 5.3%).

BANK OF INDIA Share Price Up by 5%; BSE BANKEX Index Up 0.3% (Today's Market)

May 14, 2021 09:28 AM

BANK OF INDIA share price is trading up by 5% and its current market price is Rs 77. The BSE BANKEX is up by 0.3%. The top gainers in the BSE BANKEX Index is BANK OF INDIA (up 5.2%). The top losers is HDFC BANK (down 0.2%).

GRINDWELL NORTON Share Price Up by 8%; BSE CAPITAL GOODS Index Up 0.4% (Today's Market)

May 14, 2021 09:26 AM

GRINDWELL NORTON share price is trading up by 8% and its current market price is Rs 1,259. The BSE CAPITAL GOODS is up by 0.4%. The top gainers in the BSE CAPITAL GOODS Index is GRINDWELL NORTON (up 7.7%). The top losers are L&T (down 0.3%) and V GUARD INDUSTRIES (down 0.4%).

VINATI ORGANICS Share Price Down by 6%; BSE 500 Index Up 0.3% (Today's Market)

May 14, 2021 09:24 AM

VINATI ORGANICS share price is trading down by 6% and its current market price is Rs 1,710. The BSE 500 is up by 0.3%. The top gainers in the BSE 500 Index are CHAMBAL FERTILISERS (up 6.6%) and UCO BANK (up 5.4%). The top losers is VINATI ORGANICS (down 6.4%)..

View More Indian Share Market News

Most Popular

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Worst Sector in the Market(Fast Profits Daily)

May 11, 2021

The worst sector in the stock market according to the charts.

The Key to Profit from India's EV Revolution(Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 14, 2021 11:57 AM

MARKET STATS