SOFCOM Systems (BOM: 538923) Stock Climbs 1.40%: Early Market Update
Shares of SOFCOM Systems Ltd, trading on the Bombay Stock Exchange under the ticker BOM: 538923, showed positive momentum in early trading on Thursday, April 4th. As of 10:03 am IST, the stock price reached 58.00 INR.
This marks an increase of 0.80 INR, representing a gain of 1.40% for the day compared to the previous closing price of 57.20 INR.
The trading session began with SOFCOM Systems opening significantly higher at 59.90 INR, which also marked the intraday high. However, the stock subsequently pulled back to hit an intraday low of 58.00 INR, the price recorded at the time of the update, as indicated by the 1-day chart.
Current market data shows a market capitalization for the company of approximately 24.10 Crore INR. The Price-to-Earnings (P/E) ratio is notably high at 203.93. Information regarding the dividend yield indicates it is unavailable or zero (‘-‘).
From a yearly perspective, the current share price sits within the stock’s 52-week range. The established 52-week high for SOFCOM Systems Ltd is 81.50 INR, while the 52-week low is 28.30 INR. Market watchers are observing the stock’s movement following its initial peak and subsequent pullback.
