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LATENT VIEW ANALYTICS Plunges 3%; BSE IT Index Up 0.6%
Thu, 18 Jul 12:2

LATENT VIEW ANALYTICS Plunges 3%; BSE IT Index Up 0.6%Image source: phive2015/www.istockphoto.com

LATENT VIEW ANALYTICS share price has plunged 3% and is presently trading at Rs 539.0.

Meanwhile, the BSE IT index is at 40,227.1 (up 0.6%).

Among the top losers in the BSE IT index today are L&T TECHNOLOGY SERVICES (down 2.1%) and Oracle Financial Services (down 1.9%).

TCS (up 2.2%) and LTIMINDTREE (up 2.1%) are among the top gainers today.

Over the last one year, LATENT VIEW ANALYTICS has moved up from Rs 391.0 to Rs 539.0, registering a gain of Rs 148.0 (up 37.9%).

On the other hand, the BSE IT index has moved up from 31,378.2 to 40,227.1, registering a gain of 28.2% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 175.2%), PERSISTENT SYSTEMS (up 95.4%) and Birlasoft (up 91.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,537.6 (down 0.2%).

The top losers among the BSE Sensex today are Asian Paints (down 2.0%) and NTPC (down 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,553.2 (down 0.2%). Bajaj Auto and Hero Motocorp are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 80,537.6, registering a gain of 13,947.7 points (up 20.9%).

LATENT VIEW ANALYTICS Financial Update...

LATENT VIEW ANALYTICS net profit grew 32.2% YoY to Rs 452 million for the quarter ended March 2024, compared to a profit of Rs 342 million a year ago. Net sales rose 21.7% to Rs 1,716 million during the period as against Rs 1,411 million in January-March 2023.

For the year ended March 2023, LATENT VIEW ANALYTICS reported 20.0% increase in net profit to Rs 1,554 million compared to net profit of Rs 1,295 million during FY22. Revenue of the company grew 32.1% to Rs 5,388 million during FY23.

The current Price to earnings ratio of LATENT VIEW ANALYTICS, based on rolling 12 month earnings, stands at 70.0.


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