BSE IT index in red; Moser Baer up by 7.65%

IT index is currently trading in red, down by 138.73 points or 1.28% at 10247.29 levels.

Feb 22, 2017 07:02 IST India Infoline News Service

IT index is currently trading in red, down by 138.73 points or 1.28% at 10247.29 levels.
 
It is the worst performer till now among all sectoral indices in BSE on Wednesday.
 
Wherein, Infosys is dragging the index down and contributing almost 94.23 points to the index’s downfall.
 
Meanwhile, Moser Baer India is up by 7.65%, Ramco Systems is up by 2.26%, Nucleus Software Exports is up by 1.62%, Hexaware is up by 2.88% and AXISCADES Engineering Technologies is up by 1.25%
 

On the other hand, Trigyn Technologies is down by 3.22%, Kellton Tech Solutions is down by 2.63%, Aptech is down by 2.54% and Subex is down by 2.24%.
 
Stock view:
 
Moser Baer (India) Ltd is currently trading at Rs 7.73, up by Rs 0.62 or 8.72% from its previous closing of Rs 7.11 on the BSE.
 
The scrip opened at Rs 7.15 and has touched a high and low of Rs 7.96 and Rs 7.15 respectively. So far 1962315(NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs 157.68 crore.
 
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 10.25 on 30-Jun-2016 and a 52 week low of Rs 6.2 on 25-Nov-2016.

Last one week high and low of the scrip stood at Rs 7.3 and Rs 6.9 respectively.
 
The promoters holding in the company stood at 36.47 % while Institutions and Non-Institutions held 0.53 % and 63.01 % respectively.
 
The stock is currently trading above its 200 DMA.

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