Netlink Solutions

Netlink Solutions Net Sales Plunged 40.49%

Netlink Solutions Net Sales Plunged 40.49%:

To begin with, Netlink Solutions announced its net sales of Rs. 0.01 cr with a 40.49% loss on July 18th. While the company also posted its consolidated net loss of Rs. 0.02 cr in the same quarter last year.

Besides, the company’s net profit stood at Rs. 0.84 cr with 231.26% gain in this quarter ended on 30th June. The company also posted its net profit of Rs. 0.64 cr in the same quarter last year.

Furthermore, the company on July 18th reported its first-quarter result. The company’s EBITDA stood at Rs. 0.77 cr with a 210% gain in Q1FY21. Similarly, the company also posted its EBITDA of Rs. 0.70 cr in the current quarter last year. Moreover, Netlink Sol EPS has raised to Rs. 3.31 as against of Rs. 2.52 in the last year.

Netlink Solutions Ltd. shares traded with a loss of 0.75 points reached 14.25 INR with 5.00% down. Its previous close at 15.00 INR. The company shares outstanding with 25,29,225 on the Bombay Stock Exchange.

Stock Market Update: 

Stock Market July 17th: On Friday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 37,020.14 levels and Nifty stood traded gain with 10,901.70 levels. The Sensex raised 548.46 points with a 1.50% gain. Besides, Nifty has raised 161.75 points with a 1.51% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 10,40,457 as of July 18th, and deaths reached 26,285.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market yesterday. It raised 206.77 points with a 1.55% gain and reached a 13,530.75 level. The S&P BSE Smallcap index raised 140.27 points with a 1.11% gain and reached a 12,782.53 level. However, the Nifty Bank raised  369.65 points with a 1.71% gain and reached a 21,966.80 level.

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