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USHA MARTIN EDUCATION Gains 10%; BSE IT Index Up 1.1%
Tue, 2 Jul 15:49

USHA MARTIN EDUCATION Gains 10%; BSE IT Index Up 1.1%Image source: asbe/www.istockphoto.com

USHA MARTIN EDUCATION share price has zoomed 10% and is presently trading at Rs 6.1.

Meanwhile, the BSE IT index is at 38,041.4 (up 1.1%).

Among the top gainers in the BSE IT index today are Firstsource Solutions (up 5.8%) and Coforge (up 3.0%).

Mastek (down 1.7%) and ROUTE MOBILE (down 1.2%) are among the top losers today.

Over the last one year, USHA MARTIN EDUCATION has moved up from Rs 3.4 to Rs 6.1, registering a gain of Rs 2.8 (up 82.1%).

On the other hand, the BSE IT index has moved up from 29,192.0 to 38,041.4, registering a gain of 30.3% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 166.6%), Birlasoft (up 102.4%) and ZENSAR TECHNOLOGIES (up 96.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,441.5 .

The top losers among the BSE Sensex today are Kotak Bank (down 2.4%) and Bharti Airtel (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,117.8 (down 0.1%). Shriram Transport and Kotak Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,441.5, registering a gain of 15,526.0 points (up 24.3%).

USHA MARTIN EDUCATION Financial Update...

USHA MARTIN EDUCATION net profit fell 237.1% YoY to Rs 0 million for the quarter ended March 2024, compared to a profit of Rs 0 million a year ago. Net sales rose 121.2% to Rs 2 million during the period as against Rs 1 million in January-March 2023.

For the year ended March 2023, USHA MARTIN EDUCATION reported 4.6% increase in net profit to Rs 1 million compared to net profit of Rs 1 million during FY22. Revenue of the company fell 16.4% to Rs 7 million during FY23.

The current Price to earnings ratio of USHA MARTIN EDUCATION, based on rolling 12 month earnings, stands at 108.9.


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