ONMOBILE GLOBAL share price has zoomed 10% and is presently trading at Rs 88.0.
Meanwhile, the BSE IT index is at 42,204.6 .
Among the top gainers in the BSE IT index today are Mastek (up 3.7%) and CYIENT (up 2.1%).
Sonata Software (down 0.9%) and Tech Mahindra (down 0.6%) are among the top losers today.
Over the last one year, ONMOBILE GLOBAL has moved down from Rs 105.1 to Rs 88.0, registering a loss of Rs 17.1 (down 16.3%).
On the other hand, the BSE IT index has moved up from 31,180.8 to 42,204.6, registering a gain of 35.4% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 177.5%), INFIBEAM AVENUES (up 124.0%) and Firstsource Solutions (up 107.9%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 80,701.0 (down 0.1%).
The top losers among the BSE Sensex today are Ultratech Cement (down 1.6%) and Kotak Bank (down 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,680.1 (down 0.1%). Ultratech Cement and Kotak Bank are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 80,701.0, registering a gain of 15,484.9 points (up 23.7%).
ONMOBILE GLOBAL net profit fell 255.6% YoY to Rs -153 million for the quarter ended June 2024, compared to a profit of Rs 98 million a year ago. Net sales declined 9.9% to Rs 1,235 million during the period as against Rs 1,371 million in April-June 2023.
For the year ended March 2023, ONMOBILE GLOBAL reported 79.1% decrease in net profit to Rs 68 million compared to net profit of Rs 325 million during FY22. Revenue of the company grew 1.1% to Rs 5,252 million during FY23.
The current Price to earnings ratio of ONMOBILE GLOBAL, based on rolling 12 month earnings, stands at -95.1.
Equitymaster requests your view! Post a comment on "ONMOBILE GLOBAL Gains 10%; BSE IT Index Down 0.0%". 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!