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EXPLEO SOLUTIONS Gains 5%; BSE IT Index Down 1.2%
Fri, 2 Aug 10:43

EXPLEO SOLUTIONS Gains 5%; BSE IT Index Down 1.2%Image source: Sefa Ozel/www.istockphoto.com

EXPLEO SOLUTIONS share price has zoomed 5% and is presently trading at Rs 1,362.1.

Meanwhile, the BSE IT index is at 41,002.2 (down 1.2%).

Among the top gainers in the BSE IT index today is KPIT TECHNOLOGIES (up 0.8%).

Birlasoft (down 2.8%) and Coforge (down 2.4%) are among the top losers today.

Over the last one year, EXPLEO SOLUTIONS has moved down from Rs 1,626.1 to Rs 1,362.1, registering a loss of Rs 264.1 (down 16.2%).

On the other hand, the BSE IT index has moved up from 30,276.6 to 41,002.2, registering a gain of 35.4% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 176.2%), Firstsource Solutions (up 107.4%) and INFIBEAM AVENUES (up 100.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,054.5 (down 1.0%).

The top losers among the BSE Sensex today are Tata Motors (down 3.9%) and Maruti Suzuki (down 3.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,803.7 (down 0.8%). Tata Motors and Maruti Suzuki are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,054.5, registering a gain of 14,526.9 points (up 21.8%).

EXPLEO SOLUTIONS Financial Update...

EXPLEO SOLUTIONS net profit grew 18.4% YoY to Rs 239 million for the quarter ended June 2024, compared to a profit of Rs 202 million a year ago. Net sales rose 12.0% to Rs 2,522 million during the period as against Rs 2,251 million in April-June 2023.

For the year ended March 2023, EXPLEO SOLUTIONS reported 97.8% increase in net profit to Rs 1,339 million compared to net profit of Rs 677 million during FY22. Revenue of the company grew 21.7% to Rs 9,033 million during FY23.

The current Price to earnings ratio of EXPLEO SOLUTIONS, based on rolling 12 month earnings, stands at 22.5.


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