MINDTREE share price has hit an all-time high at Rs 2,039 (up 1.2%).
Meanwhile, the BSE IT Index is at 26,492 (down 0.2%).
Among the top gainers in the BSE IT Index today are MINDTREE (up 1.2%) and L&T INFOTECH (up 0.1%).
HEXAWARE TECHNOLOGIES and TECH MAHINDRA (down 0.1%) are among the top losers today.
Over the last one year, MINDTREE has moved up from Rs 732 to Rs 2,039, registering a gain of Rs 1,306 (up 177.3%).
The BSE IT has moved up from 11,203 to 26,492, registering a gain of 15,289 points (up 136.1%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 1292.9%), TATA ELXSI (up 396.6%) and FIRSTSOURCE SOLUTIONS (up 347.5%).
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The BSE Sensex is at 49,855 (down 0.6%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 1.7%), SUN PHARMA (up 1.1%) and POWER GRID (up 0.5%). Other gainers include HCL TECHNOLOGIES (up 0.4%) and HUL (up 0.3%). The most traded stocks in the BSE Sensex are NTPC and POWER GRID.
In the meantime, NSE Nifty is at 14,752 (down 0.7%). The top gainers in the NSE Nifty include ASIAN PAINTS (up 1.9%), SUN PHARMA (up 1.4%) and CIPLA (up 0.8%). Other gainers include POWER GRID (up 0.6%) and DIVIS LABORATORIES (up 0.3%).
Over the last 12 months, the BSE Sensex has moved up from 25,981 to 49,855, registering a gain of 23,874 points (up 91.4%).
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 33.4x.
What else is happening in the markets today? Dig in...
Asian stock markets fell today as the cost of the US stimulus and infrastructure plans and new pandemic curbs limited investors' risk appetite.
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