SEQUEL EROUT share price has zoomed 5% and is presently trading at Rs 199.5.
Meanwhile, the BSE IT index is at 42,210.4 (down 0.1%).
Among the top gainers in the BSE IT index today are INFIBEAM AVENUES (up 3.7%) and Sonata Software (up 2.0%).
Firstsource Solutions (down 2.8%) and CYIENT (down 2.6%) are among the top losers today.
Over the last one year, SEQUEL EROUT has moved up from Rs 0.0 to Rs 199.5, registering a gain of Rs 199.5 .
On the other hand, the BSE IT index has moved up from 31,180.8 to 42,210.4, 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 177.7%), INFIBEAM AVENUES (up 130.4%) and Firstsource Solutions (up 104.4%).
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The BSE Sensex is at 81,028.9 (up 0.2%).
The top gainers among the BSE Sensex today are Bharti Airtel (up 1.6%) and Titan (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Bharti Airtel.
In the meantime, NSE Nifty is at 24,810.1 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,028.9, registering a gain of 15,812.8 points (up 24.2%).
SEQUEL EROUT net profit grew 84566.7% YoY to Rs 25 million for the quarter ended June 2024, compared to a profit of Rs 0 million a year ago. Net sales rose 100.0% to Rs 541 million during the period as against Rs 0 million in April-June 2023.
For the year ended March 2023, SEQUEL EROUT reported 3.1% increase in net profit to Rs 0 million compared to net profit of Rs 0 million during FY22. Revenue of the company grew 14.3% to Rs 0 million during FY23.
The current Price to earnings ratio of SEQUEL EROUT, based on rolling 12 month earnings, stands at 353.6.
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