MPHASIS Share Price Up by 11%; BSE IT Index Up 2.5%
Wed, 23 Dec 03:16 PM

MPHASIS share price has zoomed 11% and is presently trading at Rs 1,628.

Meanwhile, the BSE IT Index is at 24,238 (up 2.5%).

Among the top Gainers in the BSE IT Index today are MPHASIS (up 11.1%) and ECLERX SERVICES (up 11.6%).

Over the last one year, MPHASIS has moved up from Rs 879 to Rs 1,628, registering a gain of Rs 749 (up 79.7%).

On the other hand, the BSE IT has moved up from 15,710 to 24,238, registering a gain of 8,528 points (up 54.1%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were PERSISTENT SYSTEMS (up 117.3%), INTELLECT DESIGN (up 111.8%) and L&T INFOTECH (up 110.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 46,430 (up 0.9%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.4%), INFOSYS (up 2.9%) and HUL (up 2.6%). Other gainers include M&M (up 2.5%) and ITC (up 2.2%). The most traded stocks in the BSE Sensex are SBI and INFOSYS.

In the meantime, NSE Nifty is at 13,606 (up 1.0%). The top gainers in the NSE Nifty include WIPRO (up 6.1%), CIPLA (up 4.0%) and TATA STEEL (up 3.5%). Other gainers include HUL (up 2.8%) and INFOSYS (up 2.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,643 to 46,430, registering a gain of 4,787 points (up 11.48%).

MPHASIS Financial Update...

MPHASIS net profit stood at Rs 3 billion for the quarter ended September 2020, compared to a profit of Rs 3 billion a year ago. Net Sales rose 7.0% to Rs 24.4 billion during the period as against Rs 22.8 billion in July-September 2019.

For the year ended March 2019, MPHASIS reported 26.2% increase in net profit to Rs 10.7 billion compared to net profit of Rs 8.5 billion during FY18.

Revenue of the company grew 18.1% to Rs 77 billion during FY19.

The current Price to earnings ratio of MPHASIS, based on rolling 12 month earnings, stands at 24.1x.



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

  

Stock Market Updates

Dec 23, 2020 Closing

Indian share markets extended gains as the session progressed and ended on a strong note.

Dec 23, 2020 03:34 PM

ASTRAL POLY TECHNICK share price has hit an all time high at Rs 1,606 (up 4.1%). The BSE CAPITAL GOODS Index is up by 1.4%. Among the top gainers in the BSE CAPITAL GOODS Index today are ASTRAL POLY TECHNICK (up 4.1%) and HONEYWELL AUTOMATION (up 8.3%). The top losers include AIA ENGINEERING (down 0.1%).

Dec 23, 2020 03:32 PM

PROCTER & GAMBLE HEALTH share price is trading up by 5% and its current market price is Rs 7,100. The BSE HEALTHCARE is up by 1.7%. The top gainers in the BSE HEALTHCARE Index are PROCTER & GAMBLE HEALTH (up 5.3%) and PIRAMAL ENTERPRISES (up 6.8%). The top losers are GSK PHARMA (down 0.5%) and DIVIS LABORATORIES (down 0.5%).

Dec 23, 2020 03:30 PM

LINDE INDIA share price is trading up by 7% and its current market price is Rs 988. The BSE OIL & GAS is up by 0.3%. The top gainers in the BSE OIL & GAS Index is LINDE INDIA (up 6.7%). The top losers are HPCL (down 0.1%) and GAIL (down 0.2%).

Dec 23, 2020 03:30 PM

PNB share price is trading down by 5% and its current market price is Rs 33. The BSE BANKEX is up by 0.9%. The top gainers in the BSE BANKEX Index are RBL BANK (up 6.5%) and CITY UNION BANK (up 4.4%). The top losers is PNB (down 5.1%).

Dec 23, 2020 03:16 PM

HONEYWELL AUTOMATION share price is trading up by 7% and its current market price is Rs 37,945. The BSE CAPITAL GOODS is up by 1.3%. The top gainers in the BSE CAPITAL GOODS Index are HONEYWELL AUTOMATION (up 7.2%) and GRAPHITE INDIA (up 5.4%).

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