MINDTREE share price has zoomed 5% and is presently trading at Rs 2,325.
Meanwhile, the BSE IT Index is at 27,911 (up 1.2%).
Among the top Gainers in the BSE IT Index today are MINDTREE (up 5.3%) and ECLERX SERVICES (up 5.9%).
ORACLE FINANCIAL and PERSISTENT SYSTEMS (down 0.3%) are among the top losers today.
Over the last one year, MINDTREE has moved up from Rs 882 to Rs 2,325, registering a gain of Rs 1,443 (up 163.6%).
On the other hand, the BSE IT has moved up from 13,735 to 27,911, registering a gain of 14,176 points (up 102.5%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 1045.1%), PERSISTENT SYSTEMS (up 378.3%) and TATA ELXSI (up 374.9%).
SHOCKING: Rahul Shah's Secret to Creating an "Automatic Income"...
The BSE Sensex is at 51,129 (up 0.1%).
The top gainers among the BSE Sensex stocks today are TCS (up 1.5%), BAJAJ AUTO (up 1.3%) and INFOSYS (up 1.3%). Other gainers include TECH MAHINDRA (up 1.1%) and ULTRATECH CEMENT (up 1.0%). The most traded stocks in the BSE Sensex are INFOSYS and SBI.
In the meantime, NSE Nifty is at 15,336 (up 0.2%). The top gainers in the NSE Nifty include WIPRO (up 2.1%), TATA MOTORS (up 1.9%) and HERO MOTOCORP (up 1.7%). Other gainers include TCS (up 1.6%) and INFOSYS (up 1.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 30,609 to 51,129, registering a gain of 20,520 points (up 66.85%).
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 38.2x.>
What else is happening in the markets today? Dig in...
WIPRO share price has hit an all time high at Rs 540 (up 2.2%). The BSE IT Index is up by 1.4%. Among the top gainers in the BSE IT Index today are WIPRO (up 2.2%) and L&T INFOTECH (up 1.4%). The top losers include HEXAWARE TECHNOLOGIES and CYIENT (down 0.1%).
May 27, 2021 09:30 amAsian share markets are trading on a cautious note today as investors weighed the prospects for recovery in major economies.
May 27, 2021 09:36 AMV GUARD INDUSTRIES share price is trading up by 5% and its current market price is Rs 264. The BSE CAPITAL GOODS is down by 0.0%. The top gainers in the BSE CAPITAL GOODS Index is V GUARD INDUSTRIES (up 5.4%). The top losers are SCHAEFFLER INDIA (down 0.1%) and L&T (down 0.3%).
May 27, 2021 09:36 AMECLERX SERVICES share price is trading up by 5% and its current market price is Rs 1,181. The BSE IT is up by 0.9%. The top gainers in the BSE IT Index is ECLERX SERVICES (up 5.3%). The top losers are PERSISTENT SYSTEMS (down 0.4%) and CYIENT (down 0.4%).
May 27, 2021 09:30 AMPC JEWELLER share price is trading down by 6% and its current market price is Rs 29. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GSK CONSUMER (up 5.1%) and RELIANCE CAPITAL (up 4.9%). The top losers are PC JEWELLER (down 5.6%) and CUMMINS INDIA (down 6.6%).
May 27, 2021 09:30 AMFDC share price is trading down by 5% and its current market price is Rs 333. The BSE HEALTHCARE is up by 0.1%. The top gainers in the BSE HEALTHCARE Index are SYNGENE INTERNATIONAL (up 3.4%) and JUBILANT PHARMOVA (up 2.2%). The top losers is FDC (down 5.2%)..
View More Indian Share Market NewsI will recommended my favourite trade soon. I'm waiting for the right entry point to maximise profits.
May 18, 2021Select small-cap stocks can help you navigate these uncertain times in stock market.
May 25, 2021It's comforting to find smallcaps that offer the trifecta of value, growth, and steady income.
May 18, 2021PSU stocks are buzzing and I'll show you why.
May 26, 2021Ajit Dayal on how good leadership is vital to long-term sustainable wealth creation.
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!