TRACXN TECHNOLOGIES share price has zoomed 6% and is presently trading at Rs 81.0.
Meanwhile, the BSE IT index is at 42,783.5 (up 0.3%).
Among the top gainers in the BSE IT index today are Firstsource Solutions (up 1.8%) and PERSISTENT SYSTEMS (up 1.3%).
KPIT TECHNOLOGIES (down 2.2%) and ROUTE MOBILE (down 1.9%) are among the top losers today.
Over the last one year, TRACXN TECHNOLOGIES has moved down from Rs 93.4 to Rs 81.0, registering a loss of Rs 12.3 (down 13.2%).
On the other hand, the BSE IT index has moved up from 32,787.7 to 42,783.5, registering a gain of 30.5% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 191.5%), Firstsource Solutions (up 117.3%) and PERSISTENT SYSTEMS (up 86.6%).
Get savings of Rs 6,050: Join our small cap research service today!
The BSE Sensex is at 79,802.8 (up 1.0%).
The top gainers among the BSE Sensex today are Bharti Airtel (up 4.4%) and Sun Pharma (up 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,123.7 (up 0.9%). Bharti Airtel and Sun Pharma are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,802.8, registering a gain of 13,628.6 points (up 20.6%).
TRACXN TECHNOLOGIES net profit fell 314.9% YoY to Rs -47 million for the quarter ended September 2024, compared to a profit of Rs 22 million a year ago. Net sales declined 0.5% to Rs 214 million during the period as against Rs 215 million in July-September 2023.
For the year ended March 2024, TRACXN TECHNOLOGIES reported 80.4% decrease in net profit to Rs 65 million compared to net profit of Rs 331 million during FY23. Revenue of the company grew 6.0% to Rs 828 million during FY24.
The current Price to earnings ratio of TRACXN TECHNOLOGIES, based on rolling 12 month earnings, stands at 3306.9.
Equitymaster requests your view! Post a comment on "TRACXN TECHNOLOGIES Gains 6%; BSE IT Index Up 0.3%". 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!