July 24, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

CYIENT Share Price Up by 6%; BSE IT Index Up 1.1%

Thu, 22 Jul 10:20 AM

CYIENT share price has zoomed 6% and is presently trading at Rs 1,032.

Meanwhile, the BSE IT Index is at 30,244 (up 1.1%).

Among the top Gainers in the BSE IT Index today is CYIENT (up 5.6%).

HCL TECHNOLOGIES (down 0.1%) is among the top loser today.

Over the last one year, CYIENT has moved up from Rs 297 to Rs 1,032, registering a gain of Rs 736 (up 247.8%).

On the other hand, the BSE IT has moved up from 17,438 to 30,244, registering a gain of 12,806 points (up 73.4%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 478.7%), FIRSTSOURCE SOLUTIONS (up 432.8%) and TATA ELXSI (up 361.6%).

Watch: Predict Stock’s Next Move Using Volumes

What About the Benchmark Indices?

The BSE Sensex is at 52,774 (up 1.1%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 3.8%), TATA STEEL (up 2.5%) and TITAN (up 2.3%). Other gainers include ICICI BANK (up 1.9%) and BAJAJ FINSERV (up 1.8%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 15,796 (up 1.0%). The top gainers in the NSE Nifty include BAJAJ FINANCE (up 3.7%), HINDALCO (up 2.5%) and JSW STEEL (up 2.5%). Other gainers include TATA STEEL (up 2.5%) and TITAN (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,419 to 52,774, registering a gain of 15,355 points (up 41.01%).

CYIENT Financial Update…

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 28.6x.<!–

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

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Stock Market Updates

4 Reasons Why Sensex Ended 639 Points Higher Today (Today’s Market)

Jul 22, 2021 Closing

Indian share markets witnessed positive trading activity throughout the day today and ended higher.

Sensex Zooms 600 Points, Dow Futures Up by 34 Points (Today’s Market)

Jul 22, 2021 12:30 pm

BSE Sensex is trading up by 616 points, while the NSE Nifty is up by 181 points.

Sensex Gains 450 Points, Nifty Above 15,750; Bajaj Finance & Tata Steel Top Gainers (Today’s Market)

Jul 22, 2021 09:30 am

Indian share markets open strong. The BSE Sensex opened up by 425 points, while the Nifty is trading higher by 129 points.

ECLERX SERVICES at 52 Week High; BSE 500 Index Up 1.0% (Today’s Market)

Jul 22, 2021 09:44 AM

ECLERX SERVICES share price has hit a 52-week high. It is presently trading at Rs 2,314. BSE 500 Index is up by 0.9% at 21,674. Within the BSE 500, ECLERX SERVICES (up 0.4%) and IDFC (up 17.8%) are among the top gainers, while top losers are DHFL and ADANI TRANSMISSION.

MPHASIS at All Time High; BSE IT Index Up 1.0% (Today’s Market)

Jul 22, 2021 09:38 AM

MPHASIS share price has hit an all time high at Rs 2,440 (up 0.9%). The BSE IT Index is up by 1.0%. Among the top gainers in the BSE IT Index today are MPHASIS (up 0.9%) and COFORGE (up 0.5%). The top losers include HEXAWARE TECHNOLOGIES and HCL TECHNOLOGIES (down 0.3%).

JSW ENERGY at All Time High; BSE POWER Index Down 0.6% (Today’s Market)

Jul 22, 2021 09:38 AM

JSW ENERGY share price has hit an all time high at Rs 207 (up 2.0%). The BSE POWER Index is down by 0.6%. Among the top gainers in the BSE POWER Index today are JSW ENERGY (up 2.0%) and SIEMENS (up 0.9%). The top losers include RELIANCE INFRA (down 0.5%) and TORRENT POWER (down 0.7%).

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