L&T TECHONOLOGY Share Price Down by 5%; BSE IT Index Down 1.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

L&T TECHONOLOGY Share Price Down by 5%; BSE IT Index Down 1.6%
Thu, 21 Oct 12:27 PM

L&T TECHONOLOGY share price has plunged 5% and is presently trading at Rs 5,040.

Meanwhile, the BSE IT Index is at 36,093 (down 1.6%).

Among the top losers in the BSE IT Index today are L&T TECHONOLOGY (down 5.3%) and COFORGE (down 5.1%).

FIRSTSOURCE SOLUTIONS (up 2.4%) is among the top gainer today.

Over the last one year, L&T TECHONOLOGY has moved up from Rs 1,751 to Rs 5,040, registering a gain of Rs 3,290 (up 187.9%)..

The BSE IT has moved up from 21,748 to 36,093, registering a gain of 14,345 points (up 66.0%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 305.0%), MINDTREE (up 231.9%) and PERSISTENT SYSTEMS (up 223.8%).

EV Stocks: A Hidden Way to Tap into the Massive 15x EV Opportunity

What About the Benchmark Indices?

The BSE Sensex is at 61,621 (down 0.7%). The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 3.8%). The most traded stocks in the BSE Sensex are ONGC and NTPC.

In the meantime, NSE Nifty is at 18,384 (down 0.7%). KOTAK MAHINDRA BANK (up 3.7%) and TATA MOTORS (up 2.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,432 to 61,621, registering a gain of 21,189 points (up 50.40%).

L&T TECHONOLOGY Financial Update...

L&T TECHONOLOGY net profit stood at Rs 2 billion for the quarter ended September 2021, compared to a profit of Rs 2 billion a year ago. Net Sales rose 14.8% to Rs 16.1 billion during the period as against Rs 14.0 billion in July-September 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 59.1x.



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

Equitymaster requests your view! Post a comment on "L&T TECHONOLOGY Share Price Down by 5%; BSE IT Index Down 1.6%". Click here!

  

Stock Market Updates

Sensex Falls Over 500 Points, Dow Futures Down by 105 Points (Today's Market)

Oct 21, 2021 12:30 pm

Share markets in India are presently trading on a negative note. The BSE Sensex is trading down by 555 points, down 0.9%, at 60,704 levels.

RAIL VIKAS NIGAM Share Price Up by 6%; BSE CAPITAL GOODS Index Up 0.2% (Today's Market)

Oct 21, 2021 09:51 AM

RAIL VIKAS NIGAM share price is trading up by 6% and its current market price is Rs 34. The BSE CAPITAL GOODS is up by 0.2%. The top gainers in the BSE CAPITAL GOODS Index is RAIL VIKAS NIGAM (up 5.7%). The top losers are V GUARD INDUSTRIES and FINOLEX CABLES (down 0.1%).

Sensex Rises 200 Points, Nifty Tops 18,350; Sun Pharma and ONGC Top Gainers (Today's Market)

Oct 21, 2021 09:30 am

Indian share markets open in green. The BSE Sensex opened up by 202 points, while the Nifty is trading higher by 70 points.

SHOPPERS STOP Share Price Up by 12%; BSE 500 Index Up 0.1% (Today's Market)

Oct 21, 2021 09:35 AM

SHOPPERS STOP share price is trading up by 12% and its current market price is Rs 318. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are SHOPPERS STOP (up 12.2%) and IRB INFRA (up 18.0%). The top losers are KPR MILL and SBI .

L&T FINANCE HOLDINGS Share Price Down by 5%; BSE 500 Index Up 0.1% (Today's Market)

Oct 21, 2021 09:35 AM

L&T FINANCE HOLDINGS share price is trading down by 5% and its current market price is Rs 90. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are SHOPPERS STOP (up 12.2%) and GMDC (up 4.9%). The top losers are L&T FINANCE HOLDINGS (down 5.1%) and MINDTREE (down 5.0%).

SONATA SOFTWARE Share Price Down by 5%; BSE IT Index Down 0.4% (Today's Market)

Oct 21, 2021 09:33 AM

SONATA SOFTWARE share price is trading down by 5% and its current market price is Rs 940. The BSE IT is down by 0.4%. The top gainers in the BSE IT Index are INFOSYS (up 0.2%) and WIPRO (up 0.1%). The top losers is SONATA SOFTWARE (down 5.2%)..

View More Indian Share Market News

Most Popular

Is it Time to Switch from Tata Power to NTPC?(Profit Hunter)

Oct 11, 2021

Given the huge run up in Tata Power, does it make sense to switch to NTPC?

This Proxy EV Stock Just got a Power Crisis Boost(Profit Hunter)

Oct 8, 2021

After months of research, I've come across few stocks that excite me far more than the mainstream electric vehicle companies.

Rs 1 Lakh Invested in These Cryptos at the Start of 2021 Became Rs...(Views On News)

Oct 8, 2021

These cryptos would have multiplied investors' wealth by as much as 10,000% in just nine months.

Modi's Big Move Could Boost these 5 Defence Stocks(Views On News)

Oct 11, 2021

To corporatise the defence sector, the Ministry of Defence (MoD) has dissolved the 250-year-old Ordnance Factory Board (OFB).

5 Green Energy Stocks to Watch as India Readies for a Revolution(Views On News)

Oct 13, 2021

The excitement around green energy stocks has opened up a huge contrarian opportunity in the traditional energy space.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Oct 21, 2021 02:12 PM

MARKET STATS