L&T INFOTECH share price has zoomed 5% and is presently trading at Rs 4,433.
Meanwhile, the BSE IT Index is at 30,507 (up 1.2%).
Among the top Gainers in the BSE IT Index today are L&T INFOTECH (up 5.0%) and L&T TECHONOLOGY (up 15.9%).
TCS and COFORGE (down 0.3%) are among the top losers today.
Over the last one year, L&T INFOTECH has moved up from Rs 2,194 to Rs 4,433, registering a gain of Rs 2,239 (up 102.1%).
On the other hand, the BSE IT has moved up from 15,996 to 30,507, registering a gain of 14,511 points (up 90.2%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 514.4%), TATA ELXSI (up 396.3%) and FIRSTSOURCE SOLUTIONS (up 378.5%).
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The BSE Sensex is at 53,229 (up 0.5%).
The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 4.3%), L&T (up 4.2%) and TECH MAHINDRA (up 3.1%). Other gainers include HDFC BANK (up 1.6%) and ULTRATECH CEMENT (up 1.2%). The most traded stocks in the BSE Sensex are HCL TECHNOLOGIES and L&T.
In the meantime, NSE Nifty is at 15,941 (up 0.5%). The top gainers in the NSE Nifty include HCL TECHNOLOGIES (up 4.2%), L&T (up 4.2%) and TECH MAHINDRA (up 3.1%). Other gainers include WIPRO (up 2.0%) and HDFC BANK (up 1.5%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,694 to 53,229, registering a gain of 16,535 points (up 44.91%).
L&T INFOTECH net profit stood at Rs 5 billion for the quarter ended March 2021, compared to a profit of Rs 5 billion a year ago. Net Sales rose 3.7% to Rs 32.7 billion during the period as against Rs 31.5 billion in January-March 2020.
For the year ended March 2021, L&T INFOTECH reported 17.6% increase in net profit to Rs 17.9 billion compared to net profit of Rs 15.2 billion during FY20.
Revenue of the company grew 6.3% to Rs 116 billion during FY21.
The current Price to earnings ratio of L&T INFOTECH, based on rolling 12 month earnings, stands at 40.0x.
What else is happening in the markets today? Dig in...
WIPRO share price has hit an all time high at Rs 580 (up 2.2%). The BSE IT Index is up by 1.2%. Among the top gainers in the BSE IT Index today are WIPRO (up 2.2%) and COFORGE (up 0.8%). The top losers include HEXAWARE TECHNOLOGIES and TCS (down 0.2%).
Jul 15, 2021 12:30 pmShare markets in India are presently trading on a strong note. The BSE Sensex is trading up by 333 points, up 0.6%, at 53,238 levels.
Jul 15, 2021 09:30 amIndian share markets open marginally higher. The BSE Sensex opened up by 103 points, while the Nifty is trading higher by 32 points.
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 .
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