TRIGYN TECHNOLOGIES share price has zoomed 10% and is presently trading at Rs 132.1.
Meanwhile, the BSE IT index is at 43,005.6 (up 0.4%).
Among the top gainers in the BSE IT index today are Mphasis (up 2.1%) and Wipro (up 1.9%).
Eclerx Services (down 3.4%) and Birlasoft (down 2.0%) are among the top losers today.
Over the last one year, TRIGYN TECHNOLOGIES has moved up from Rs 124.1 to Rs 132.1, registering a gain of Rs 8.0 (up 6.4%).
On the other hand, the BSE IT index has moved up from 32,901.6 to 43,005.6, registering a gain of 30.7% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 178.7%), Firstsource Solutions (up 94.6%) and PERSISTENT SYSTEMS (up 91.5%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,911.1 (up 0.7%).
The top gainers among the BSE Sensex today are HDFC Bank (up 2.0%) and L&T (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,112.0 (up 0.6%). Wipro and HDFC Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,911.1, registering a gain of 15,831.8 points (up 24.0%).
TRIGYN TECHNOLOGIES net profit fell 37.0% YoY to Rs 76 million for the quarter ended June 2024, compared to a profit of Rs 121 million a year ago. Net sales declined 24.7% to Rs 2,429 million during the period as against Rs 3,225 million in April-June 2023.
For the year ended March 2023, TRIGYN TECHNOLOGIES reported 11.2% decrease in net profit to Rs 347 million compared to net profit of Rs 391 million during FY22. Revenue of the company grew 22.3% to Rs 12,727 million during FY23.
The current Price to earnings ratio of TRIGYN TECHNOLOGIES, based on rolling 12 month earnings, stands at 26.3.
Equitymaster requests your view! Post a comment on "TRIGYN TECHNOLOGIES Gains 10%; BSE IT Index Up 0.4%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!