Allsec Technologies share price has zoomed 6% and is presently trading at Rs 999.0.
Meanwhile, the BSE IT index is at 43,579.0 (up 1.0%).
Among the top gainers in the BSE IT index today are Sonata Software (up 6.6%) and Birlasoft (up 4.0%).
Oracle Financial Services (down 2.0%) and Mastek (down 0.4%) are among the top losers today.
Over the last one year, Allsec Technologies has moved up from Rs 659.7 to Rs 999.0, registering a gain of Rs 339.4 (up 51.4%).
On the other hand, the BSE IT index has moved up from 33,147.7 to 43,579.0, registering a gain of 31.5% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 187.1%), Firstsource Solutions (up 116.6%) and PERSISTENT SYSTEMS (up 81.4%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 79,966.6 (down 0.2%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.9%) and Ultratech Cement (down 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,187.4 (down 0.1%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 79,966.6, registering a gain of 13,943.3 points (up 21.1%).
Allsec Technologies net profit fell 25.2% YoY to Rs 121 million for the quarter ended September 2024, compared to a profit of Rs 162 million a year ago. Net sales rose 17.0% to Rs 1,314 million during the period as against Rs 1,124 million in July-September 2023.
For the year ended March 2024, Allsec Technologies reported 31.0% increase in net profit to Rs 640 million compared to net profit of Rs 489 million during FY23. Revenue of the company grew 20.2% to Rs 4,694 million during FY24.
The current Price to earnings ratio of Allsec Technologies, based on rolling 12 month earnings, stands at 20.0.
Equitymaster requests your view! Post a comment on "Allsec Technologies Gains 6%; BSE IT Index Up 1.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!