{"id":138334,"date":"2024-11-06T14:04:03","date_gmt":"2024-11-06T08:34:03","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=138334"},"modified":"2024-11-06T22:00:08","modified_gmt":"2024-11-06T16:30:08","slug":"it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/","title":{"rendered":"IT stock jumps 17% after company&#8217;s revenue increased by 70% YoY"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4162829979\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2898953843\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market cap of Rs. 128 crores, at 01:52 p.m., the shares of Adroit Infotech Limited were trading in the green at Rs. 22.37, up by nearly 10.6 percent, compared to its previous closing price of Rs. 20.22.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the news:&nbsp;<\/strong><\/h2><p>The fluctuations in the share prices were observed after <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/ADROITINFO\" target=\"_blank\" rel=\"noreferrer noopener\">Adroit Infotech Limited<\/a><\/strong> announced the financial results for Q2 FY25, through the latest filings with the stock exchanges on Tuesday post-market hours.\u00a0<\/p><p>For Q2 FY25, Adroit Infotech reported consolidated revenue from operations of Rs. 7.07 crores, reflecting a marginal growth of around 7 percent QoQ from Rs. 6.6 crores in Q1 FY25, as well as a significant increase of about 70.8 percent YoY from Rs. 4.14 crores in Q2 FY24.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2386382789\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company&#8217;s net profit for Q2 FY25 grew to a profit of Rs. 0.45 crores, marking a substantial turnaround from a loss of Rs. 0.72 crores in Q2 FY24, but a quarter-on-quarter marginal decline of nearly 8.2 percent from Rs. 0.5 crores in Q1 FY25.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Shareholding Pattern:&nbsp;<\/strong><\/h2><p>As per the September 2024 shareholding pattern, the Promoters hold a 39.07 percent stake in the company, while Retail Investors hold a 60.94 percent stake in Adroit Infotech.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Performance:&nbsp;<\/strong><\/h2><p>The stock has delivered positive returns of nearly 45 percent in one year, as well as around 14.2 percent returns in the last six months. So far in 2024, the shares of Adroit Infotech have given positive returns of about 40 percent.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:&nbsp;<\/strong><\/h2><p>Incorporated in 1990, Adroit Infotech Limited is primarily engaged in the business of SAP Support Services helping organisations to reduce costs and improve effectiveness and efficiency through internal process improvements using SAP products and solutions.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-2065396659\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.&nbsp; With a market cap of Rs. 128 crores, at 01:52 p.m., the shares of Adroit Infotech Limited were trading in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-138334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps 17% after company&#039;s revenue increased by 70% YoY - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT stock jumps 17% after company&#039;s revenue increased by 70% YoY\" \/>\n<meta property=\"og:description\" content=\"During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-06T08:34:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T16:30:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/\",\"url\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/\",\"name\":\"IT stock jumps 17% after company's revenue increased by 70% YoY - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg\",\"datePublished\":\"2024-11-06T08:34:03+00:00\",\"dateModified\":\"2024-11-06T16:30:08+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IT stock jumps 17% after company&#8217;s revenue increased by 70% YoY\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IT stock jumps 17% after company's revenue increased by 70% YoY - Trade Brains Features","description":"During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/","og_locale":"en_US","og_type":"article","og_title":"IT stock jumps 17% after company's revenue increased by 70% YoY","og_description":"During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-11-06T08:34:03+00:00","article_modified_time":"2024-11-06T16:30:08+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/","url":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/","name":"IT stock jumps 17% after company's revenue increased by 70% YoY - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg","datePublished":"2024-11-06T08:34:03+00:00","dateModified":"2024-11-06T16:30:08+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"During Wednesday\u2019s trading session, the shares of a company primarily engaged in the business of SAP Support Services surged by nearly 17 percent to Rs. 23.65 on BSE, after the company reported Q2 FY25 results.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-17-after-companys-revenue-increased-by-70-yoy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"IT stock jumps 17% after company&#8217;s revenue increased by 70% YoY"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/138334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=138334"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/138334\/revisions"}],"predecessor-version":[{"id":138337,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/138334\/revisions\/138337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/111982"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=138334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=138334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=138334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}