TRIGYN TECHNOLOGIES share price has plunged 5% and is presently trading at Rs 132.0.
Meanwhile, the BSE IT index is at 37,988.0 (up 1.0%).
Among the top losers in the BSE IT index today are KPIT TECHNOLOGIES (down 1.3%) and Mastek (down 1.2%).
Firstsource Solutions (up 3.5%) and Coforge (up 2.2%) are among the top gainers today.
Over the last one year, TRIGYN TECHNOLOGIES has moved up from Rs 103.5 to Rs 132.0, registering a gain of Rs 28.5 (up 27.5%).
On the other hand, the BSE IT index has moved up from 29,192.0 to 37,988.0, registering a gain of 30.1% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 162.9%), Birlasoft (up 102.2%) and ZENSAR TECHNOLOGIES (up 97.0%).
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The BSE Sensex is at 79,345.3 (down 0.2%).
The top losers among the BSE Sensex today are Kotak Bank (down 3.8%) and Indusind Bank (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 24,089.9 (down 0.2%). Kotak Bank and Shriram Transport are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,345.3, registering a gain of 15,429.9 points (up 24.1%).
TRIGYN TECHNOLOGIES net profit grew 632.0% YoY to Rs 190 million for the quarter ended March 2024, compared to a profit of Rs 26 million a year ago. Net sales rose 3.1% to Rs 3,341 million during the period as against Rs 3,240 million in January-March 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 20.4.
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