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Allsec Technologies unveils its Quarterly Performance

Allsec Technologies unveiled its Quarterly result today. The reaction of Allsec Technologies share price to the result doesn’t look too enthusiastic about the values. Allsec provides web development, web design, search engine optimization, strategic teleservices, customer care, and quality management services.

Unaudited Standalone Financials:

Allsec Technologies share price made a new high over the following values:

  • Income from Operations: Income from operations saw a marginal increase in Q1FY17 in compared to the Q1FY16. Income from operations in June quarter of FY17 stood at Rs. 2,644 lakhs in comparison to Rs. 2,578 lakhs of corresponding quarter last financial result.
  • Total Expenses: There has been a marginal fall in the total expenses of the company on the Y-o-Y basis. In the first quarter of last financial year, the value stood at Rs. 2,569 lakhs while in this financial year for the same quarter, the expenses stands at Rs. 2,445 lakhs.
  • Profit from Operations: The profit from operations for Allsec Technologies has gone up considerably. This year it stands at Rs. 199 lakhs in comparison to last financial year which was Rs. 9 lakhs
  • EPS: The earnings per share have gone skyrocketing this year for the Quarter ending June 30th. EPS in Q1FY17 stands at Rs. 2.66 lakhs as against 0.53 lakhs of Q1FY16.

Allsec Technologies share price was currently trading at Rs. 293.45 with a marginal rise of around 3%. The scrip made a new 52 weeks high of Rs. 312.35. The stock is identifies by Dynamic Levels among top 500 multibaggers for the month.The traded volume towards the end of the trade stands at 1,96,832 shares. Allsec Technologies share price has been trading in between its closest resistance and support level which stands at Rs. 310 and Rs. 266 respectively. For more details on the support and resistance level of the stock, visit Allsec Technologies share price forecast page of Dynamic Levels.

Content source from our official website https://www.dynamiclevels.com/en/current-news/allsec-technologies-share-price-160811120251