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D-LINK (INDIA) Gains 4%; BSE IT Index Up 1.1%
Tue, 26 Nov 12:18

D-LINK (INDIA) Gains 4%; BSE IT Index Up 1.1%Image source: Ivcandy/www.istockphoto.com

D-LINK (INDIA) share price has zoomed 4% and is presently trading at Rs 563.2.

Meanwhile, the BSE IT index is at 43,590.2 (up 1.1%).

Among the top gainers in the BSE IT index today are Sonata Software (up 6.6%) and Birlasoft (up 3.9%).

Oracle Financial Services (down 1.9%) and Mastek (down 0.4%) are among the top losers today.

Over the last one year, D-LINK (INDIA) has moved up from Rs 308.8 to Rs 563.2, registering a gain of Rs 254.4 (up 82.4%).

On the other hand, the BSE IT index has moved up from 33,147.7 to 43,590.2, registering a gain of 31.5% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 187.5%), Firstsource Solutions (up 116.8%) and PERSISTENT SYSTEMS (up 81.4%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,981.4 (down 0.2%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.8%) and Ultratech Cement (down 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,187.4 (down 0.1%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 79,981.4, registering a gain of 13,958.2 points (up 21.1%).

D-LINK (INDIA) Financial Update...

D-LINK (INDIA) net profit grew 13.1% YoY to Rs 267 million for the quarter ended September 2024, compared to a profit of Rs 236 million a year ago. Net sales rose 9.3% to Rs 3,369 million during the period as against Rs 3,082 million in July-September 2023.

For the year ended March 2024, D-LINK (INDIA) reported 7.3% increase in net profit to Rs 926 million compared to net profit of Rs 864 million during FY23. Revenue of the company grew 4.7% to Rs 12,357 million during FY24.

The current Price to earnings ratio of D-LINK (INDIA), based on rolling 12 month earnings, stands at 20.3.


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