INFOSYS at All Time High; BSE IT Index Up 1.7%
Fri, 13 Aug 12:55 PM

INFOSYS share price has hit an all-time high at Rs 1,710 (up 1.1%).

Meanwhile, the BSE IT Index is at 32,996 (up 1.7%).

Among the top gainers in the BSE IT Index today are INFOSYS (up 1.1%) and L&T INFOTECH (up 0.3%).

COFORGE and HEXAWARE TECHNOLOGIES are among the top losers today.

Over the last one year, INFOSYS has moved up from Rs 948 to Rs 1,710, registering a gain of Rs 762 (up 80.3%).

The BSE IT has moved up from 18,148 to 32,996, registering a gain of 14,848 points (up 81.8%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were TATA ELXSI (up 329.1%), ECLERX SERVICES (up 323.3%) and FIRSTSOURCE SOLUTIONS (up 261.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 55,351 (up 0.9%). The top gainers among the BSE Sensex stocks today are TCS (up 3.5%), L&T (up 2.5%) and BAJAJ AUTO (up 2.2%). Other gainers include BHARTI AIRTEL (up 2.1%) and HCL TECHNOLOGIES (up 2.1%). The most traded stocks in the BSE Sensex are HCL TECHNOLOGIES and ITC.

In the meantime, NSE Nifty is at 16,507 (up 0.9%). The top gainers in the NSE Nifty include TCS (up 3.5%), TATA CONSUMER (up 3.4%) and L&T (up 2.5%). Other gainers include HCL TECHNOLOGIES (up 2.3%) and BHARTI AIRTEL (up 2.0%).

Over the last 12 months, the BSE Sensex has moved up from 38,407 to 55,351, registering a gain of 16,944 points (up 44.1%).

INFOSYS Financial Update...

INFOSYS net profit down at Rs 52 billion for the quarter ended June 2021, compared to a loss of Rs 52 billion a year ago. Net Sales rose 7.6% to Rs 279.0 billion during the period as against Rs 259.3 billion in April-June 2020.

For the year ended March 2021, INFOSYS reported 16.7% increase in net profit to Rs 194.2 billion compared to net profit of Rs 166.4 billion during FY20.

Revenue of the company grew 10.7% to Rs 1,005 billion during FY21.

The current Price to earnings ratio of INFOSYS, based on rolling 12 month earnings, stands at 35.7x.



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

  

Stock Market Updates

Aug 13, 2021 12:30 pm

Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 472 points, up 0.9%, at 55,316 levels.

Aug 13, 2021 12:55 PM

WIPRO share price has hit an all time high at Rs 618 (up 1.9%). The BSE IT Index is up by 1.7%. Among the top gainers in the BSE IT Index today are WIPRO (up 1.9%) and L&T INFOTECH (up 0.3%). The top losers include COFORGE and HEXAWARE TECHNOLOGIES .

Aug 13, 2021 09:30 am

Indian share markets open at record high. The BSE Sensex opened up by 221 points, while the Nifty is trading higher by 66 points.

Aug 13, 2021 10:03 AM

L&T share price has hit a 52-week high. It is presently trading at Rs 1,648. BSE 500 Index is up by 0.4% at 22,344. Within the BSE 500, L&T (up 1.6%) and ARVIND FASHIONS (up 8.5%) are among the top gainers, while top losers are DHFL and AUROBINDO PHARMA.

Aug 13, 2021 09:37 AM

SIEMENS share price has hit an all time high at Rs 2,225 (up 1.0%). The BSE CAPITAL GOODS Index is up by 0.8%. Among the top gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 1.0%) and HONEYWELL AUTOMATION (up 1.5%). The top losers include NBCC (INDIA) (down 0.2%) and KALPATARU POWER (down 0.3%).

Aug 13, 2021 09:29 AM

ORACLE FINANCIAL share price has hit an all time high at Rs 4,726 (up 1.2%). The BSE IT Index is up by 0.3%. Among the top gainers in the BSE IT Index today are ORACLE FINANCIAL (up 1.2%) and L&T INFOTECH (up 0.2%). The top losers include HEXAWARE TECHNOLOGIES and MINDTREE (down 0.1%).

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