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%).
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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) 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.
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