ORACLE FINANCIAL share price has zoomed 5% and is presently trading at Rs 3,523.
Meanwhile, the BSE IT Index is at 26,859 (down 0.5%).
Among the top Gainers in the BSE IT Index today is ORACLE FINANCIAL (up 5.1%).
PERSISTENT SYSTEMS and WIPRO (down 0.2%) are among the top losers today.
Over the last one year, ORACLE FINANCIAL has moved up from Rs 2,747 to Rs 3,523, registering a gain of Rs 776 (up 28.2%).
On the other hand, the BSE IT has moved up from 15,694 to 26,859, registering a gain of 11,165 points (up 69.7%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 159.9%), FIRSTSOURCE SOLUTIONS (up 138.4%) and PERSISTENT SYSTEMS (up 135.8%).
Free Signup: The Smallcap Revival Summit
The BSE Sensex is at 49,267 (down 0.2%).
The top gainers among the BSE Sensex stocks today are TATA STEEL (up 2.3%), BHARTI AIRTEL (up 2.3%) and ONGC (up 1.5%). Other gainers include RELIANCE IND. (up 1.1%) and NTPC (up 0.8%). The most traded stocks in the BSE Sensex are ONGC and SBI.
In the meantime, NSE Nifty is at 14,500 . The top gainers in the NSE Nifty include TATA MOTORS (up 9.6%), EICHER MOTOR (up 5.0%) and GAIL (up 4.3%). Other gainers include IOC (up 2.9%) and BHARTI AIRTEL (up 2.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,818 to 49,267, registering a gain of 8,449 points (up 20.44%).
ORACLE FINANCIAL net profit stood at Rs 5 billion for the quarter ended June 2020, compared to a profit of Rs 5 billion a year ago. Net Sales rose 15.3% to Rs 13.4 billion during the period as against Rs 11.6 billion in April-June 2019.
For the year ended March 2017, ORACLE FINANCIAL reported 16.6% increase in net profit to Rs 12.5 billion compared to net profit of Rs 10.7 billion during FY16.
Revenue of the company grew 7.1% to Rs 44 billion during FY17.
The current Price to earnings ratio of ORACLE FINANCIAL, based on rolling 12 month earnings, stands at 21.4x.>
What else is happening in the markets today? Dig in...
L&T INFOTECH share price has hit an all time high at Rs 4,434 (up 4.2%). The BSE IT Index is down by 0.1%. Among the top gainers in the BSE IT Index today are L&T INFOTECH (up 4.2%) and ORACLE FINANCIAL (up 3.7%). The top losers include HEXAWARE TECHNOLOGIES and INFOSYS (down 0.5%).
Jan 12, 2021 11:50 AMIDFC FIRST BANK share price is trading up by 6% and its current market price is Rs 47. The BSE BANKEX is down by 0.4%. The top gainers in the BSE BANKEX Index is IDFC FIRST BANK (up 6.3%). The top losers are RBL BANK (down 0.1%) and INDUSIND BANK (down 0.5%).
Jan 12, 2021 11:46 AMJSW ENERGY share price is trading up by 6% and its current market price is Rs 71. The BSE POWER is up by 0.2%. The top gainers in the BSE POWER Index is JSW ENERGY (up 6.4%). The top losers are NHPC (down 0.6%) and KALPATARU POWER (down 1.1%).
Jan 12, 2021 11:34 AMECLERX SERVICES share price has hit a 52-week high. It is presently trading at Rs 949. BSE 500 Index is up by 0.2% at 19,129. Within the BSE 500, ECLERX SERVICES (up 1.8%) and CENTRUM CAPITAL (up 12.2%) are among the top gainers, while top losers are SUZLON ENERGY and RAIL VIKAS NIGAM.
Jan 12, 2021 11:30 AMFORCE MOTORS share price is trading up by 6% and its current market price is Rs 1,457. The BSE AUTO is up by 2.4%. The top gainers in the BSE AUTO Index are FORCE MOTORS (up 5.6%) and BOSCH (up 6.6%). The top losers is M&M (down 0.2%).
Jan 12, 2021 09:30 amAsian share markets are trading on a mixed note today tracking a weak finish on Wall Street. The Nikkei is trading down by 0.1%.
View More Indian Share Market NewsThis stock has a very high chance of rerating once the temporary clouds of uncertainty disperse.
Dec 31, 2020What are the chances of a market correction in January? Here's what I think...
Jan 1, 2021My view on the one sector I'm bullish on in 2021.
Jan 1, 2021This stock has a very high chance of rerating once the temporary clouds of uncertainty disperse.
Jan 4, 2021Ajit Dayal on the investing strategy for 2021 and beyond.
More
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!