Eclerx Services share price has zoomed 12% and is presently trading at Rs 3,044.2.
Meanwhile, the BSE IT index is at 42,496.8 (down 0.6%).
Among the top gainers in the BSE IT index today are INFIBEAM AVENUES (up 2.2%) and INTELLECT DESIGN (up 0.9%).
Oracle Financial Services (down 2.7%) and ZENSAR TECHNOLOGIES (down 2.3%) are among the top losers today.
Over the last one year, Eclerx Services has moved up from Rs 1,801.3 to Rs 3,044.2, registering a gain of Rs 1,242.9 (up 69.0%).
On the other hand, the BSE IT index has moved up from 32,740.4 to 42,496.8, registering a gain of 29.8% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 173.7%), Firstsource Solutions (up 103.7%) and PERSISTENT SYSTEMS (up 81.3%).
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The BSE Sensex is at 84,914.1 .
The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.5%) and Axis Bank (up 0.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,925.2 (down 0.1%). LTIMINDTREE and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 84,914.1, registering a gain of 18,890.4 points (up 28.6%).
Eclerx Services net profit grew 5.0% YoY to Rs 1,120 million for the quarter ended June 2024, compared to a profit of Rs 1,067 million a year ago. Net sales rose 14.2% to Rs 7,819 million during the period as against Rs 6,845 million in April-June 2023.
For the year ended March 2024, Eclerx Services reported 4.6% increase in net profit to Rs 5,117 million compared to net profit of Rs 4,892 million during FY23. Revenue of the company grew 10.5% to Rs 29,255 million during FY24.
The current Price to earnings ratio of Eclerx Services, based on rolling 12 month earnings, stands at 28.1.
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