MINDTREE at All Time High; BSE IT Index Down 0.1%
Mon, 31 May 01:42 PM

MINDTREE share price has hit an all-time high at Rs 2,404 (up 1.6%).

Meanwhile, the BSE IT Index is at 27,660 (down 0.1%).

Among the top gainers in the BSE IT Index today are MINDTREE (up 1.6%) and L&T INFOTECH (up 1.0%).

HEXAWARE TECHNOLOGIES and ORACLE FINANCIAL (down 0.2%) are among the top losers today.

Over the last one year, MINDTREE has moved up from Rs 891 to Rs 2,404, registering a gain of Rs 1,513 (up 169.1%).

The BSE IT has moved up from 14,147 to 27,660, registering a gain of 13,513 points (up 95.1%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 1040.6%), TATA ELXSI (up 387.2%) and PERSISTENT SYSTEMS (up 384.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 51,917 (up 0.8%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 3.8%), ICICI BANK (up 2.3%) and ITC (up 2.1%). Other gainers include BHARTI AIRTEL (up 1.8%) and ASIAN PAINTS (up 1.3%). The most traded stocks in the BSE Sensex are ITC and SBI.

In the meantime, NSE Nifty is at 15,574 (up 0.7%). The top gainers in the NSE Nifty include RELIANCE IND. (up 3.5%), ICICI BANK (up 2.1%) and ITC (up 1.9%). Other gainers include BHARTI AIRTEL (up 1.9%) and JSW STEEL (up 1.7%).

Over the last 12 months, the BSE Sensex has moved up from 31,605 to 51,917, registering a gain of 20,312 points (up 63.9%).

MINDTREE Financial Update...

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 39.4x.



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

  

Stock Market Updates

May 31, 2021 12:30 pm

Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 412 points, up 0.8% at 51,835 levels.

May 31, 2021 09:30 am

Indian share markets open marginally lower. The BSE Sensex opened down by 64 points, while the Nifty is trading lower by 18 points.

May 31, 2021 09:28 AM

METROPOLIS HEALTHCARE share price is trading up by 6% and its current market price is Rs 2,653. The BSE HEALTHCARE is up by 0.1%. The top gainers in the BSE HEALTHCARE Index is METROPOLIS HEALTHCARE (up 5.5%). The top losers are ABBOTT INDIA (down 0.1%) and SANOFI INDIA (down 0.1%).

May 31, 2021 09:28 AM

V GUARD INDUSTRIES share price has hit an all time high at Rs 284 (up 4.7%). The BSE CAPITAL GOODS Index is down by 0.1%. Among the top gainers in the BSE CAPITAL GOODS Index today are V GUARD INDUSTRIES (up 4.7%) and HONEYWELL AUTOMATION (up 1.4%). The top losers include HAVELLS INDIA and AIA ENGINEERING (down 0.1%).

May 31, 2021 09:28 AM

MINDTREE share price has hit an all time high at Rs 2,373 (up 0.6%). The BSE IT Index is down by 0.4%. Among the top gainers in the BSE IT Index today are MINDTREE (up 0.6%) and L&T INFOTECH (up 0.4%). The top losers include HEXAWARE TECHNOLOGIES and WIPRO (down 0.1%).

May 31, 2021 09:26 AM

JINDAL SAW share price is trading up by 5% and its current market price is Rs 104. The BSE METAL is up by 0.8%. The top gainers in the BSE METAL Index is JINDAL SAW (up 5.1%). The top losers are HINDUSTAN ZINC (down 0.1%) and COAL INDIA (down 0.9%).

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