Rolta share price zoomed over 12 per cent today after the company posted a 91.33 per cent jump in consolidated net profit at Rs 54.3 cr in the second quarter (Q2) ended September 30, 2016. The company had posted a net profit of Rs 28.38 cr in the same period a year ago. The total income from operation of the firm declined by 25.52 per cent during the posted quarter at Rs 736.95 cr from Rs 989.59 cr in the corresponding period of 2015-16.
The expenses of the company fell on account of cost of materials, depreciation and amortisation of assets and employee benefits. At 9:33 am, Rolta share price was trading 12.29 per cent higher on the National Stock Exchange (NSE) today.
Rolta India Limited, incorporated in the year 1989, is a Small Cap company (having a market cap of Rs 890.55 cr) operating in Information Technology sector.
Shareholding
According to Dynamic Levels analysts and researchers, Rolta India belongs to the top 500 shares set for this quarter. It is a good stock for investment and Dynamic Levels market analysts and experts expect good returns from it. The stock has both strong financials and fundamentals. The stock has ADM of 2.31 and a book value of 90.12. Its face value stands at Rs 10.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Rolta share price history.
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