AXISCADES Engineering Technologies Ltd gained 4.92% today to trade at Rs 65. The S&P BSE IT Sector index is up 1.38% to quote at 15878.65. The index is up 8.96 % over last one month. Among the other constituents of the index, NIIT Technologies Ltd increased 2.86% and CESC Ventures Ltd added 2.73% on the day. The S&P BSE IT Sector index went up 4.22 % over last one year compared to the 5.54% fall in benchmark SENSEX.

AXISCADES Engineering Technologies Ltd has added 86.78% over last one month compared to 8.96% gain in S&P BSE IT Sector index and 6.67% rise in the SENSEX. On the BSE, 16172 shares were traded in the counter so far compared with average daily volumes of 9177 shares in the past one month. The stock hit a record high of Rs 86.5 on 17 Sep 2019. The stock hit a 52-week low of Rs 26.7 on 26 Mar 2020.

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Net profit of AXISCADES Engineering Technologies rose 2323.88% to Rs 16.24 crore in the quarter ended March 2020 as against Rs 0.67 crore during the previous quarter ended March 2019. Sales rose 17.03% to Rs 188.50 crore in the quarter ended March 2020 as against Rs 161.07 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 29.75 crore in the year ended March 2020 as against net loss of Rs 8.13 crore during the previous year ended March 2019. Sales rose 10.03% to Rs 664.98 crore in the year ended March 2020 as against Rs 604.34 crore during the previous year ended March 2019.

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AXISCADES Engg. Techs. will hold a meeting of the Board of Directors of the Company on 27 June 2020.

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AXISCADES Engineering Technologies Ltd rose 4.99% today to trade at Rs 46.3. The S&P BSE IT Sector index is up 1.55% to quote at 14619.28. The index is up 3.34 % over last one month. Among the other constituents of the index, TVS Electronics Ltd increased 4.97% and Kellton Tech Solutions Ltd added 4.93% on the day. The S&P BSE IT Sector index went down 6.89 % over last one year compared to the 11.29% fall in benchmark SENSEX.

AXISCADES Engineering Technologies Ltd has added 53.57% over last one month compared to 3.34% gain in S&P BSE IT Sector index and 11.11% rise in the SENSEX. On the BSE, 5 shares were traded in the counter so far compared with average daily volumes of 7073 shares in the past one month. The stock hit a record high of Rs 86.5 on 17 Sep 2019. The stock hit a 52-week low of Rs 26.7 on 26 Mar 2020.

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