MINDTREE share price has hit an all-time high at Rs 2,965 (up 1.5%).
Meanwhile, the BSE IT Index is at 32,994 (up 0.1%).
Among the top gainers in the BSE IT Index today are MINDTREE (up 1.5%) and COFORGE (up 0.1%).
HEXAWARE TECHNOLOGIES and FIRSTSOURCE SOLUTIONS are among the top losers today.
Over the last one year, MINDTREE has moved up from Rs 1,133 to Rs 2,965, registering a gain of Rs 1,832 (up 161.7%).
The BSE IT has moved up from 18,243 to 32,994, registering a gain of 14,751 points (up 80.8%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were ECLERX SERVICES (up 341.1%), TATA ELXSI (up 325.7%) and FIRSTSOURCE SOLUTIONS (up 267.1%).
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The BSE Sensex is at 55,514 (up 0.1%). The top gainers among the BSE Sensex stocks today are M&M (up 2.1%), TATA STEEL (up 1.7%) and ONGC (up 1.3%). Other gainers include NTPC (up 0.9%) and BAJAJ FINSERV (up 0.6%). The most traded stocks in the BSE Sensex are ONGC and TATA STEEL.
In the meantime, NSE Nifty is at 16,551 . The top gainers in the NSE Nifty include M&M (up 1.7%), ONGC (up 1.6%) and ADANI PORTS & SEZ (up 1.5%). Other gainers include GRASIM (up 1.5%) and TATA STEEL (up 1.4%).
Over the last 12 months, the BSE Sensex has moved up from 38,370 to 55,514, registering a gain of 17,144 points (up 44.6%).
MINDTREE net profit stood at Rs 3 billion for the quarter ended June 2021, compared to a profit of Rs 3 billion a year ago. Net Sales rose 13.2% to Rs 22.9 billion during the period as against Rs 20.2 billion in April-June 2020.
For the year ended March 2021, MINDTREE reported 76.0% increase in net profit to Rs 11.1 billion compared to net profit of Rs 6.3 billion during FY20.
Revenue of the company grew 2.6% to Rs 80 billion during FY21.
The current Price to earnings ratio of MINDTREE, based on rolling 12 month earnings, stands at 39.4x.
What else is happening in the markets today? Dig in...
Asian share markets have made a cautious start today, ahead of a raft of Chinese data that could confirm a slowdown in the economy, as much of the world races to stem the spread of the Delta variant.
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