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ONMOBILE GLOBAL Plunges 5%; BSE IT Index Down 0.4%
Thu, 1 Aug 12:17

ONMOBILE GLOBAL Plunges 5%; BSE IT Index Down 0.4%Image source: DNY59/www.istockphoto.com

ONMOBILE GLOBAL share price has plunged 5% and is presently trading at Rs 83.9.

Meanwhile, the BSE IT index is at 41,536.8 (down 0.4%).

Among the top losers in the BSE IT index today are Sonata Software (down 7.5%) and Birlasoft (down 3.5%).

Firstsource Solutions (up 9.3%) and Eclerx Services (up 1.4%) are among the top gainers today.

Over the last one year, ONMOBILE GLOBAL has moved up from Rs 77.0 to Rs 83.9, registering a gain of Rs 6.9 (up 9.0%).

On the other hand, the BSE IT index has moved up from 30,276.6 to 41,536.8, registering a gain of 37.2% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 183.7%), Firstsource Solutions (up 106.9%) and INFIBEAM AVENUES (up 103.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,826.0 (up 0.1%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.1%) and NTPC (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,990.6 (up 0.2%). Coal India and Power Grid Corp. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,826.0, registering a gain of 15,298.4 points (up 23.0%).

ONMOBILE GLOBAL Financial Update...

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 -90.7.


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