R SYSTEM INTL share price has zoomed 8% and is presently trading at Rs 505.2.
Meanwhile, the BSE IT index is at 42,423.9 (up 0.6%).
Among the top gainers in the BSE IT index today are Coforge (up 1.8%) and PERSISTENT SYSTEMS (up 1.6%).
INFIBEAM AVENUES (down 1.1%) and Eclerx Services (down 0.7%) are among the top losers today.
Over the last one year, R SYSTEM INTL has moved down from Rs 505.5 to Rs 505.2, registering a loss of Rs 0.3 (down 0.1%).
On the other hand, the BSE IT index has moved up from 31,998.7 to 42,423.9, registering a gain of 32.6% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 176.7%), Firstsource Solutions (up 87.2%) and PERSISTENT SYSTEMS (up 85.9%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 82,442.4 (down 0.1%).
The top losers among the BSE Sensex today are Bajaj Finance (down 1.5%) and NTPC (down 1.1%). The most traded stocks in the BSE Sensex are Axis Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,213.7 (down 0.1%). BPCL and IOC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,442.4, registering a gain of 16,930.3 points (up 25.8%).
R SYSTEM INTL net profit grew 72.5% YoY to Rs 249 million for the quarter ended June 2024, compared to a profit of Rs 144 million a year ago. Net sales rose 6.2% to Rs 4,320 million during the period as against Rs 4,068 million in April-June 2023.
For the year ended December 2023, R SYSTEM INTL reported 0.3% increase in net profit to Rs 1,401 million compared to net profit of Rs 1,397 million during FY22. Revenue of the company grew 11.1% to Rs 16,845 million during FY23.
The current Price to earnings ratio of R SYSTEM INTL, based on rolling 12 month earnings, stands at 41.9.
Equitymaster requests your view! Post a comment on "R SYSTEM INTL Gains 8%; BSE IT Index Up 0.6%". 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!