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TRIGYN TECHNOLOGIES Gains 10%; BSE IT Index Up 0.4%
Mon, 14 Oct 11:25

TRIGYN TECHNOLOGIES Gains 10%; BSE IT Index Up 0.4%Image source: phive2015/www.istockphoto.com

TRIGYN TECHNOLOGIES share price has zoomed 10% and is presently trading at Rs 132.1.

Meanwhile, the BSE IT index is at 43,005.6 (up 0.4%).

Among the top gainers in the BSE IT index today are Mphasis (up 2.1%) and Wipro (up 1.9%).

Eclerx Services (down 3.4%) and Birlasoft (down 2.0%) are among the top losers today.

Over the last one year, TRIGYN TECHNOLOGIES has moved up from Rs 124.1 to Rs 132.1, registering a gain of Rs 8.0 (up 6.4%).

On the other hand, the BSE IT index has moved up from 32,901.6 to 43,005.6, registering a gain of 30.7% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 178.7%), Firstsource Solutions (up 94.6%) and PERSISTENT SYSTEMS (up 91.5%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,911.1 (up 0.7%).

The top gainers among the BSE Sensex today are HDFC Bank (up 2.0%) and L&T (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,112.0 (up 0.6%). Wipro and HDFC Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,911.1, registering a gain of 15,831.8 points (up 24.0%).

TRIGYN TECHNOLOGIES Financial Update...

TRIGYN TECHNOLOGIES net profit fell 37.0% YoY to Rs 76 million for the quarter ended June 2024, compared to a profit of Rs 121 million a year ago. Net sales declined 24.7% to Rs 2,429 million during the period as against Rs 3,225 million in April-June 2023.

For the year ended March 2023, TRIGYN TECHNOLOGIES reported 11.2% decrease in net profit to Rs 347 million compared to net profit of Rs 391 million during FY22. Revenue of the company grew 22.3% to Rs 12,727 million during FY23.

The current Price to earnings ratio of TRIGYN TECHNOLOGIES, based on rolling 12 month earnings, stands at 26.3.


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