MINDTREE share price has hit an all-time high at Rs 1,623 (up 0.5%).
Meanwhile, the BSE IT Index is at 24,311 (down 0.6%).
Among the top gainers in the BSE IT Index today are MINDTREE (up 0.5%) and ORACLE FINANCIAL (up 2.2%).
HEXAWARE TECHNOLOGIES and TCS (down 0.4%) are among the top losers today.
Over the last one year, MINDTREE has moved up from Rs 777 to Rs 1,623, registering a gain of Rs 846 (up 106.5%).
The BSE IT has moved up from 15,710 to 24,311, registering a gain of 8,601 points (up 52.9%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were PERSISTENT SYSTEMS (up 117.8%), INTELLECT DESIGN (up 113.7%) and FIRSTSOURCE SOLUTIONS (up 109.6%).
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The BSE Sensex is at 46,822 (up 0.8%). The top gainers among the BSE Sensex stocks today are ONGC (up 4.1%), BHARTI AIRTEL (up 2.7%) and BAJAJ AUTO (up 2.7%). Other gainers include AXIS BANK (up 2.1%) and TATA STEEL (up 1.9%). The most traded stocks in the BSE Sensex are ONGC and BHARTI AIRTEL.
In the meantime, NSE Nifty is at 13,717 (up 0.8%). The top gainers in the NSE Nifty include TATA MOTORS (up 4.2%), ONGC (up 3.9%) and HINDALCO (up 3.2%). Other gainers include GAIL (up 3.1%) and JSW STEEL (up 2.8%).
Over the last 12 months, the BSE Sensex has moved up from 41,643 to 46,822, registering a gain of 5,179 points (up 12.4%).
MINDTREE net profit stood at Rs 3 billion for the quarter ended September 2020, compared to a profit of Rs 2 billion a year ago. Net Sales declined 2.0% to Rs 19.3 billion during the period as against Rs 19.7 billion in July-September 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 30.3x.
What else is happening in the markets today? Dig in...
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