Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

D-LINK (INDIA) Gains 6%; BSE IT Index Down 0.1%
Wed, 10 Jul 9:46

D-LINK (INDIA) Gains 6%; BSE IT Index Down 0.1%Image source: Chunumunu/www.istockphoto.com

D-LINK (INDIA) share price has zoomed 6% and is presently trading at Rs 608.7.

Meanwhile, the BSE IT index is at 38,477.3 (down 0.1%).

Among the top gainers in the BSE IT index today are Tata Elxsi (up 1.1%) and ROUTE MOBILE (up 0.5%).

Mphasis (down 2.7%) and Firstsource Solutions (down 2.0%) are among the top losers today.

Over the last one year, D-LINK (INDIA) has moved up from Rs 262.1 to Rs 608.7, registering a gain of Rs 346.7 (up 132.3%).

On the other hand, the BSE IT index has moved up from 29,484.7 to 38,477.3, registering a gain of 30.5% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 175.4%), Birlasoft (up 101.8%) and INFIBEAM AVENUES (up 97.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,228.4 (down 0.2%).

The top losers among the BSE Sensex today are M&M (down 4.3%) and Kotak Bank (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,400.4 (down 0.1%). M&M and SBI are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,344.2 to 80,228.4, registering a gain of 14,884.2 points (up 22.8%).

D-LINK (INDIA) Financial Update...

D-LINK (INDIA) net profit grew 24.2% YoY to Rs 251 million for the quarter ended March 2024, compared to a profit of Rs 202 million a year ago. Net sales rose 7.2% to Rs 3,339 million during the period as against Rs 3,113 million in January-March 2023.

For the year ended March 2024, D-LINK (INDIA) reported 7.3% increase in net profit to Rs 926 million compared to net profit of Rs 864 million during FY23. Revenue of the company grew 4.7% to Rs 12,357 million during FY24.

The current Price to earnings ratio of D-LINK (INDIA), based on rolling 12 month earnings, stands at 23.3.


Equitymaster requests your view! Post a comment on "D-LINK (INDIA) Gains 6%; BSE IT Index Down 0.1%". Click here!