Thu, 22 Jul 02:56 PM
TECH MAHINDRA share price has zoomed 5% and is presently trading at Rs 1,142.
Meanwhile, the BSE IT Index is at 30,443 (up 1.6%).
Among the top Gainers in the BSE IT Index today are TECH MAHINDRA (up 5.0%) and CYIENT (up 6.1%).
HCL TECHNOLOGIES (down 0.2%) and MINDTREE (down 0.3%) are among the top losers today.
Over the last one year, TECH MAHINDRA has moved up from Rs 623 to Rs 1,142, registering a gain of Rs 519 (up 83.1%).
On the other hand, the BSE IT has moved up from 17,438 to 30,443, registering a gain of 13,005 points (up 74.3%) during the last 12 months.
The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 491.5%), FIRSTSOURCE SOLUTIONS (up 423.6%) and TATA ELXSI (up 361.5%).
What About the Benchmark Indices?
The BSE Sensex is at 52,865 (up 0.9%).
The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 5.0%), BAJAJ FINANCE (up 4.2%) and BAJAJ FINSERV (up 3.2%). Other gainers include BHARTI AIRTEL (up 3.0%) and L&T (up 2.9%). The most traded stocks in the BSE Sensex are NTPC and BHARTI AIRTEL.
In the meantime, NSE Nifty is at 15,826 (up 1.0%). The top gainers in the NSE Nifty include TECH MAHINDRA (up 5.6%), BAJAJ FINANCE (up 4.2%) and JSW STEEL (up 3.6%). Other gainers include BAJAJ FINSERV (up 3.3%) and BHARTI AIRTEL (up 3.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,419 to 52,865, registering a gain of 15,446 points (up 40.75%).
TECH MAHINDRA Financial Update…
TECH MAHINDRA net profit down at Rs 10 billion for the quarter ended March 2021, compared to a loss of Rs 13 billion a year ago. Net Sales rose 0.9% to Rs 97.3 billion during the period as against Rs 96.5 billion in January-March 2020.
For the year ended March 2021, TECH MAHINDRA reported 11.5% increase in net profit to Rs 43.5 billion compared to net profit of Rs 39.0 billion during FY20.
Revenue of the company grew 2.7% to Rs 379 billion during FY21.
The current Price to earnings ratio of TECH MAHINDRA, based on rolling 12 month earnings, stands at 22.9x.<!–
What else is happening in the markets today? Dig in…
Stock Market Updates
Jul 22, 2021 12:30 pm
Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 616 points, up 1.2%, at 52,815 levels.
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.
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.
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%).
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%).
Jul 22, 2021 09:34 AM
INDIABULLS REAL EST share price is trading up by 6% and its current market price is Rs 164. The BSE REALTY is up by 2.0%. The top gainers in the BSE REALTY Index is INDIABULLS REAL EST (up 6.1%).