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LATENT VIEW ANALYTICS Gains 7%; BSE IT Index Up 1.6%
Tue, 10 Sep 15:52

LATENT VIEW ANALYTICS Gains 7%; BSE IT Index Up 1.6%Image source: Nikada/www.istockphoto.com

LATENT VIEW ANALYTICS share price has zoomed 7% and is presently trading at Rs 493.9.

Meanwhile, the BSE IT index is at 43,249.8 (up 1.6%).

Among the top gainers in the BSE IT index today are Firstsource Solutions (up 5.3%) and Coforge (up 4.6%).

Eclerx Services (down 0.1%) is among the top losers today.

Over the last one year, LATENT VIEW ANALYTICS has moved up from Rs 460.1 to Rs 493.9, registering a gain of Rs 33.8 (up 7.3%).

On the other hand, the BSE IT index has moved up from 32,626.6 to 43,249.8, registering a gain of 32.6% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 167.3%), INFIBEAM AVENUES (up 105.4%) and Firstsource Solutions (up 94.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,939.0 (up 0.5%).

The top gainers among the BSE Sensex today are NTPC (up 2.3%) and Bharti Airtel (up 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,051.3 (up 0.5%). Divis Laboratories and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,939.0, registering a gain of 16,058.5 points (up 24.4%).

LATENT VIEW ANALYTICS Financial Update...

LATENT VIEW ANALYTICS net profit grew 18.5% YoY to Rs 389 million for the quarter ended June 2024, compared to a profit of Rs 329 million a year ago. Net sales rose 21.1% to Rs 1,789 million during the period as against Rs 1,477 million in April-June 2023.

For the year ended March 2024, LATENT VIEW ANALYTICS reported 2.1% increase in net profit to Rs 1,586 million compared to net profit of Rs 1,554 million during FY23. Revenue of the company grew 18.9% to Rs 6,407 million during FY24.

The current Price to earnings ratio of LATENT VIEW ANALYTICS, based on rolling 12 month earnings, stands at 61.8.


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