CYIENT share price has plunged 5% and is presently trading at Rs 952.
Meanwhile, the BSE IT Index is at 32,099 (down 0.2%).
Among the top losers in the BSE IT Index today are CYIENT (down 5.4%) and SONATA SOFTWARE (down 5.0%).
TCS (up 0.5%) and HCL TECHNOLOGIES (up 0.4%) are among the top gainers today.
Over the last one year, CYIENT has moved up from Rs 359 to Rs 952, registering a gain of Rs 593 (up 165.1%)..
The BSE IT has moved up from 18,195 to 32,099, registering a gain of 13,904 points (up 76.4%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 305.3%), ECLERX SERVICES (up 305.2%) and FIRSTSOURCE SOLUTIONS (up 236.8%).
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The BSE Sensex is at 54,759 (down 0.3%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 2.0%). The most traded stocks in the BSE Sensex are SBI and TATA STEEL.
In the meantime, NSE Nifty is at 16,339 (down 0.2%). JSW STEEL (up 2.1%) and POWER GRID (up 2.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 38,182 to 54,759, registering a gain of 16,577 points (up 42.41%).
CYIENT net profit stood at Rs 1 billion for the quarter ended June 2021, compared to a profit of Rs 954 million a year ago. Net Sales rose 1.3% to Rs 10.6 billion during the period as against Rs 10.4 billion in April-June 2020.
For the year ended March 2021, CYIENT reported 5.8% increase in net profit to Rs 3.6 billion compared to net profit of Rs 3.4 billion during FY20.
Revenue of the company grew 6.7% to Rs 41 billion during FY21.
The current Price to earnings ratio of CYIENT, based on rolling 12 month earnings, stands at 25.0x.
What else is happening in the markets today? Dig in...
Asian share markets are trading on a mixed note today ahead of key report on US inflation.
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