L&T TECHONOLOGY share price has zoomed 13% and is presently trading at Rs 3,288.
Meanwhile, the BSE IT Index is at 30,365 (up 0.6%).
Among the top Gainers in the BSE IT Index today is L&T TECHONOLOGY (up 12.9%).
COFORGE (down 0.5%) and MPHASIS (down 0.9%) are among the top losers today.
Over the last one year, L&T TECHONOLOGY has moved up from Rs 1,437 to Rs 3,288, registering a gain of Rs 1,851 (up 128.6%).
On the other hand, the BSE IT has moved up from 15,996 to 30,365, registering a gain of 14,369 points (up 89.0%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 525.9%), TATA ELXSI (up 396.4%) and FIRSTSOURCE SOLUTIONS (up 368.4%).
Watch Now: Get Details of Richa's 3 Dark Horse Stocks
The BSE Sensex is at 53,057 (up 0.2%).
The top gainers among the BSE Sensex stocks today are L&T (up 3.0%), HCL TECHNOLOGIES (up 1.8%) and TECH MAHINDRA (up 1.3%). Other gainers include HDFC BANK (up 0.6%) and POWER GRID (up 0.5%). The most traded stocks in the BSE Sensex are INFOSYS and HCL TECHNOLOGIES.
In the meantime, NSE Nifty is at 15,896 (up 0.2%). The top gainers in the NSE Nifty include L&T (up 3.0%), HCL TECHNOLOGIES (up 1.2%) and TECH MAHINDRA (up 1.0%). Other gainers include GRASIM (up 0.7%) and WIPRO (up 0.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,694 to 53,057, registering a gain of 16,363 points (up 44.50%).
L&T TECHONOLOGY net profit stood at Rs 2 billion for the quarter ended March 2021, compared to a profit of Rs 2 billion a year ago. Net Sales rose 2.8% to Rs 14.4 billion during the period as against Rs 14.0 billion in January-March 2020.
For the year ended March 2021, L&T TECHONOLOGY reported 19.0% decrease in net profit to Rs 6.7 billion compared to net profit of Rs 8.2 billion during FY20.
Revenue of the company grew 3.0% to Rs 54 billion during FY21.
The current Price to earnings ratio of L&T TECHONOLOGY, based on rolling 12 month earnings, stands at 51.5x.
What else is happening in the markets today? Dig in...
Asian share markets are firm today after Federal Reserve Chair Jerome Powell said the US economy was still a ways off from levels the central bank.
Jul 15, 2021 09:46 AML&T share price has hit a 52-week high. It is presently trading at Rs 1,605. BSE 500 Index is up by 0.3% at 21,813. Within the BSE 500, L&T (up 3.8%) and L&T TECHONOLOGY (up 14.9%) are among the top gainers, while top losers are DHFL and HFCL.
Jul 15, 2021 09:44 AMZENSAR TECHNOLOGIES share price is trading up by 5% and its current market price is Rs 356. The BSE IT is up by 0.2%. The top gainers in the BSE IT Index are ZENSAR TECHNOLOGIES (up 5.3%) and L&T TECHONOLOGY (up 13.8%). The top losers are TCS (down 0.1%) and MINDTREE (down 0.4%).
Jul 15, 2021 09:36 AMWIPRO share price has hit an all time high at Rs 570 (up 0.9%). The BSE IT Index is up by 0.6%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.9%) and TATA ELXSI (up 3.7%). The top losers include HEXAWARE TECHNOLOGIES and MINDTREE .
Jul 15, 2021 09:36 AMMARICO share price has hit an all time high at Rs 550 (up 1.9%). The BSE FMCG Index is up by 0.2%. Among the top gainers in the BSE FMCG Index today are MARICO (up 1.9%) and P&G HYGIENE . The top losers include DABUR and BRITANNIA .
Jul 15, 2021 Pre-OpenTop cues to track in today's stock market session.
View More Indian Share Market NewsThis 30-bagger Indian stock could be a Tesla in disguise.
Jul 7, 2021Electric batteries are to the 21st and 22nd centuries what oil was to the 19th and 20th ones.
These companies are racing at warp-speed to make India the hub of EV battery manufacturing.
Jul 8, 2021The real reason why metal prices are going up.
Jul 5, 2021This is why I believe the Nifty is set to take off in July.
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!