Net profit of Allsec Technologies declined 19.15% to Rs 5.87 crore in the quarter ended September 2018 as against Rs 7.26 crore during the previous quarter ended September 2017. Sales rose 20.83% to Rs 37.77 crore in the quarter ended September 2018 as against Rs 31.26 crore during the previous quarter ended September 2017.

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Net profit of Allsec Technologies declined 88.53% to Rs 1.96 crore in the quarter ended September 2018 as against Rs 17.09 crore during the previous quarter ended September 2017. Sales declined 24.63% to Rs 68.75 crore in the quarter ended September 2018 as against Rs 91.22 crore during the previous quarter ended September 2017.

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Allsec Technologies Ltd fell 9.46% today to trade at Rs 221. The S&P BSE IT Sector index is down 1.29% to quote at 14121.32. The index is down 3.35 % over last one month. Among the other constituents of the index, Rolta India Ltd decreased 2.15% and 63 Moons Technologies Ltd lost 1.8% on the day. The S&P BSE IT Sector index went up 32.09 % over last one year compared to the 7.1% surge in benchmark SENSEX.

Allsec Technologies Ltd has lost 18.13% over last one month compared to 3.35% fall in S&P BSE IT Sector index and 1.19% rise in the SENSEX. On the BSE, 977 shares were traded in the counter so far compared with average daily volumes of 451 shares in the past one month. The stock hit a record high of Rs 484 on 28 Nov 2017. The stock hit a 52-week low of Rs 202.05 on 28 Jun 2018.

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Allsec Technologies will hold a meeting of the Board of Directors of the Company on 13 November 2018.

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