MPHASIS share price has zoomed 5% and is presently trading at Rs 2,069.
Meanwhile, the BSE IT Index is at 28,509 (up 0.8%).
Among the top Gainers in the BSE IT Index today are MPHASIS (up 5.0%) and ECLERX SERVICES (up 20.0%).
WIPRO (down 0.4%) and FIRSTSOURCE SOLUTIONS (down 3.6%) are among the top losers today.
Over the last one year, MPHASIS has moved up from Rs 886 to Rs 2,069, registering a gain of Rs 1,183 (up 132.8%).
On the other hand, the BSE IT has moved up from 14,747 to 28,509, registering a gain of 13,762 points (up 93.3%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 771.4%), TATA ELXSI (up 357.2%) and PERSISTENT SYSTEMS (up 335.5%).
READ NOW: Full Transcript of Our Urgent Broadcast on India's Revival
The BSE Sensex is at 52,627 (up 0.5%).
The top gainers among the BSE Sensex stocks today are POWER GRID (up 2.1%), RELIANCE IND. (up 1.5%) and BAJAJ FINANCE (up 1.3%). Other gainers include HCL TECHNOLOGIES (up 1.0%) and TATA STEEL (up 1.0%). The most traded stocks in the BSE Sensex are ONGC and POWER GRID.
In the meantime, NSE Nifty is at 15,836 (up 0.5%). The top gainers in the NSE Nifty include COAL INDIA (up 4.5%), BAJAJ FINANCE (up 2.2%) and POWER GRID (up 2.2%). Other gainers include RELIANCE IND. (up 1.4%) and DR. REDDYS LAB (up 1.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,957 to 52,627, registering a gain of 18,670 points (up 54.80%).
MPHASIS net profit stood at Rs 3 billion for the quarter ended December 2020, compared to a profit of Rs 3 billion a year ago. Net Sales rose 8.7% to Rs 24.7 billion during the period as against Rs 22.8 billion in October-December 2019.
For the year ended March 2019, MPHASIS reported 26.2% increase in net profit to Rs 10.7 billion compared to net profit of Rs 8.5 billion during FY18.
Revenue of the company grew 18.1% to Rs 77 billion during FY19.
The current Price to earnings ratio of MPHASIS, based on rolling 12 month earnings, stands at 30.7x.
What else is happening in the markets today? Dig in...
CIPLA share price has hit an all time high at Rs 982 (down 0.3%). The BSE HEALTHCARE Index is up by 0.3%. Among the top gainers in the BSE HEALTHCARE Index today are CIPLA (down 0.4%) and SANOFI INDIA (up 0.4%). The top losers include ERIS LIFESCIENCES and IPCA LABS (down 0.1%).
Jun 11, 2021 09:44 AMWIPRO share price has hit an all time high at Rs 556 (down 0.3%). The BSE IT Index is up by 0.5%. Among the top gainers in the BSE IT Index today are WIPRO (down 1.2%) and L&T INFOTECH (up 1.2%). The top losers include HEXAWARE TECHNOLOGIES and PERSISTENT SYSTEMS (down 0.2%).
Jun 11, 2021 09:44 AMCIPLA share price has hit an all time high at Rs 979 (up 0.3%). The BSE HEALTHCARE Index is up by 0.3%. Among the top gainers in the BSE HEALTHCARE Index today are CIPLA (up 0.3%) and ABBOTT INDIA (up 0.2%). The top losers include SUN PHARMA ADV. RES. (down 0.1%) and WOCKHARDT (down 0.1%).
Jun 11, 2021 09:30 amAsian stock markets are trading on a mixed note today. The Hang Seng is up 0.5% while the Nikkei is trading on a flat note.
Jun 11, 2021 09:38 AMITD CEMENTATION INDIA share price is trading up by 5% and its current market price is Rs 90. The BSE REALTY is up by 0.1%. The top gainers in the BSE REALTY Index is ITD CEMENTATION INDIA (up 5.2%). The top losers are GODREJ PROPERTIES (down 0.3%) and OBEROI REALTY (down 0.4%).
Jun 11, 2021 SGX NiftyTrends on SGX Nifty indicate a flat opening for Indian stock markets.
View More Indian Share Market NewsTo become a better intraday trader, follow these rules religiously.
Jun 8, 2021This is why I'm bullish on the hotel and hospitality sector.
May 31, 2021Is the Indian central bank correct in warning you about a market crash?
Jun 2, 2021Get ready to profit from a massive stimulus that you've never seen before.
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!