L&T TECHONOLOGY share price has zoomed 11% and is presently trading at Rs 5,469.
Meanwhile, the BSE IT Index is at 36,582 (up 2.2%).
Among the top Gainers in the BSE IT Index today are L&T TECHONOLOGY (up 10.6%) and L&T INFOTECH (up 15.6%).
ECLERX SERVICES (down 0.6%) is among the top loser today.
Over the last one year, L&T TECHONOLOGY has moved up from Rs 1,786 to Rs 5,469, registering a gain of Rs 3,683 (up 200.7%).
On the other hand, the BSE IT has moved up from 22,313 to 36,582, registering a gain of 14,269 points (up 63.7%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 347.5%), CYIENT (up 236.6%) and PERSISTENT SYSTEMS (up 215.4%).
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The BSE Sensex is at 62,202 (up 0.6%).
The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 4.4%), L&T (up 3.3%) and BAJAJ FINSERV (up 2.3%). Other gainers include INFOSYS (up 1.9%) and HUL (up 1.7%). The most traded stocks in the BSE Sensex are NTPC and INFOSYS.
In the meantime, NSE Nifty is at 18,604 (up 0.6%). The top gainers in the NSE Nifty include TECH MAHINDRA (up 4.6%), L&T (up 3.4%) and BAJAJ FINSERV (up 2.7%). Other gainers include WIPRO (up 2.0%) and INFOSYS (up 1.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,795 to 62,202, registering a gain of 21,407 points (up 52.31%).
L&T TECHONOLOGY net profit stood at Rs 2 billion for the quarter ended June 2021, compared to a profit of Rs 2 billion a year ago. Net Sales rose 8.4% to Rs 15.2 billion during the period as against Rs 14.0 billion in April-June 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 73.3x.
What else is happening in the markets today? Dig in...
Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.
BSE Sensex is trading up by 377 points, while the NSE Nifty is up by 85 points.
Indian share markets open on a firm note. The BSE Sensex opened up by 319 points, while the Nifty is trading higher by 94 points.
INDIAN ENERGY EXCHANGE share price is trading up by 15% and its current market price is Rs 916. The BSE POWER is up by 1.3%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 15.0%) and ADANI POWER (up 10.0%). The top losers are KALPATARU POWER (down 0.5%) and POWER GRID (down 0.9%).
L&T share price has hit an all time high at Rs 1,853 (up 3.6%). The BSE CAPITAL GOODS Index is up by 1.8%. Among the top gainers in the BSE CAPITAL GOODS Index today are L&T (up 3.6%) and LAKSHMI MACHINE (up 1.1%). The top losers include BHARAT ELECTRONICS (down 0.2%) and KALPATARU POWER (down 0.5%).
HINDUSTAN COPPER share price is trading up by 6% and its current market price is Rs 159. The BSE METAL is up by 0.3%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 6.3%). The top losers are JSW STEEL (down 0.1%) and HINDUSTAN ZINC (down 0.5%).
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