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- 63MOONS
63MOONS
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- 1M
- 6M
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Recent events
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News
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Corporate Actions
India's 63 Moons Technologies hits upper circuit on approving settlement deal
** 63 Moons Technologies 63MO.NS rises exchange-allowed upper circuit of 5% to 895.5 rupees
** IT services provider approves one-time settlement of 19.50 bln rupees ($230 mln) as proposed by NSEL Investors Forum, representing unpaid claimants
** Majority of unpaid claimants, both in terms of number and claim value, voted in favour of settlement proposal
** Stock set to snap two sessions of losses
** 63MO up ~90% YTD
($1 = 84.7975 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** 63 Moons Technologies 63MO.NS rises exchange-allowed upper circuit of 5% to 895.5 rupees
** IT services provider approves one-time settlement of 19.50 bln rupees ($230 mln) as proposed by NSEL Investors Forum, representing unpaid claimants
** Majority of unpaid claimants, both in terms of number and claim value, voted in favour of settlement proposal
** Stock set to snap two sessions of losses
** 63MO up ~90% YTD
($1 = 84.7975 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
India's 63 Moons Technologies gains after unit's fund raise
** Shares of 63 Moons Technologies 63MO.NS rise 5% to 631.5 rupees, their highest in nearly a year
** The computer programming firm's unit, Ticker Ltd, raises funds via private placement of 73 mln shares at 20 rupees each
** More than 1 mln shares traded, 1.7x its 30-day avg
** Stock up 33.9% YTD
(Reporting by Aleef Jahan in Bengaluru)
** Shares of 63 Moons Technologies 63MO.NS rise 5% to 631.5 rupees, their highest in nearly a year
** The computer programming firm's unit, Ticker Ltd, raises funds via private placement of 73 mln shares at 20 rupees each
** More than 1 mln shares traded, 1.7x its 30-day avg
** Stock up 33.9% YTD
(Reporting by Aleef Jahan in Bengaluru)
63 Moons Technologies Unit Raises Funds
Nov 27 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES - UNIT RAISED FUNDS VIA PRIVATE PLACEMENT OF 73 MILLION SHARES
63 MOONS TECHNOLOGIES - PRIVATE PLACEMENT AT 20 RUPEES/SHARE
Source text: ID:nBSE92WkFk
Further company coverage: 63MO.NS
(([email protected];;))
Nov 27 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES - UNIT RAISED FUNDS VIA PRIVATE PLACEMENT OF 73 MILLION SHARES
63 MOONS TECHNOLOGIES - PRIVATE PLACEMENT AT 20 RUPEES/SHARE
Source text: ID:nBSE92WkFk
Further company coverage: 63MO.NS
(([email protected];;))
63 Moons Technologies Ltd Says Was Not Served Notice By NIAG
Sept 13 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
WAS NOT SERVED NOTICE BY NIAG
WILL CLARIFY ALL ALLEGATIONS IN SC
Source text for Eikon: ID:nBSE5Lvx2N
Further company coverage: 63MO.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sept 13 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
WAS NOT SERVED NOTICE BY NIAG
WILL CLARIFY ALL ALLEGATIONS IN SC
Source text for Eikon: ID:nBSE5Lvx2N
Further company coverage: 63MO.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
India's 63 Moons Technologies drops after downbeat Q1 results
** Shares of 63 Moons Technologies Ltd 63MO.NS down 5%
** IT services provider posts Q1 loss as rev shrunk by two-thirds
** Around 457,000 shares traded - 2.4x 30-day avg volume
** Stock down ~30% YTD
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of 63 Moons Technologies Ltd 63MO.NS down 5%
** IT services provider posts Q1 loss as rev shrunk by two-thirds
** Around 457,000 shares traded - 2.4x 30-day avg volume
** Stock down ~30% YTD
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
63 Moons Technologies June-Quarter Consol Loss After Tax 85.9 Million Rupees
Aug 12 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES LTD JUNE-QUARTER CONSOL LOSS AFTER TAX 85.9 MILLION RUPEES
63 MOONS TECHNOLOGIES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 387 MILLION RUPEES
Source text for Eikon: ID:nBSEc3MRmJ
Further company coverage: 63MO.NS
(([email protected];))
Aug 12 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES LTD JUNE-QUARTER CONSOL LOSS AFTER TAX 85.9 MILLION RUPEES
63 MOONS TECHNOLOGIES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 387 MILLION RUPEES
Source text for Eikon: ID:nBSEc3MRmJ
Further company coverage: 63MO.NS
(([email protected];))
Motilal Oswal sets Street-high PT for India's MCX, shares up 6%
** Shares of Multi Commodity Exchange of India (MCX) MCEI.NS up 6% at 3,952.60 rupees
** Motilal Oswal upgrades stock to "buy" from "neutral", sets Street-high PT of 4,300 rupees
** New products, including gold serial contracts, power contracts, will be key growth drivers for MCX in near term, says Motilal Oswal
** MCX's recently launched Steel TMT bar contracts expected to result in large volumes for MCX, Motilal says
** Adds, completion of software transition to TCS TCS.NS from 63 Moons 63MO.NS will result in cost savings
** Avg rating of eight analysts at "buy"; median PT is 3,900 rupees - LSEG data
** Trading volume nearly 5x the 30-day moving avg, its busiest session so far this year
** Stock up 23.5% YTD after more than doubling in 2023
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Multi Commodity Exchange of India (MCX) MCEI.NS up 6% at 3,952.60 rupees
** Motilal Oswal upgrades stock to "buy" from "neutral", sets Street-high PT of 4,300 rupees
** New products, including gold serial contracts, power contracts, will be key growth drivers for MCX in near term, says Motilal Oswal
** MCX's recently launched Steel TMT bar contracts expected to result in large volumes for MCX, Motilal says
** Adds, completion of software transition to TCS TCS.NS from 63 Moons 63MO.NS will result in cost savings
** Avg rating of eight analysts at "buy"; median PT is 3,900 rupees - LSEG data
** Trading volume nearly 5x the 30-day moving avg, its busiest session so far this year
** Stock up 23.5% YTD after more than doubling in 2023
(Reporting by Kashish Tandon in Bengaluru)
63 Moons Technologies Dec-Qtr Consol Net PAT Rises
Feb 12 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES DEC-QUARTER CONSOL NET PAT 927.2 MILLION RUPEES VERSUS PROFIT 219.9 MILLION RUPEES
63 MOONS TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.61 BILLION RUPEES VERSUS 931.4 MILLION RUPEES
Source text for Eikon: ID:nBSE4ZZCs7
Further company coverage: 63MO.NS
(([email protected];;))
Feb 12 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES DEC-QUARTER CONSOL NET PAT 927.2 MILLION RUPEES VERSUS PROFIT 219.9 MILLION RUPEES
63 MOONS TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.61 BILLION RUPEES VERSUS 931.4 MILLION RUPEES
Source text for Eikon: ID:nBSE4ZZCs7
Further company coverage: 63MO.NS
(([email protected];;))
India's 63 Moons Technologies hits over 10-year high
** Shares of 63 Moons Technologies 63MO.NS rise as much as 5% to 541.35 rupees, hitting over 10-year high
** Stock on track for 13th consecutive session of gains, if trends hold
** IT services and consulting firm announces its technology initiatives in domains of cybersecurity, legal tech and blockchain
** More than 180,000 shares change hands by 2:37 p.m. IST, 0.6x the 30-day avg
** Stock has more than tripled so far this year
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of 63 Moons Technologies 63MO.NS rise as much as 5% to 541.35 rupees, hitting over 10-year high
** Stock on track for 13th consecutive session of gains, if trends hold
** IT services and consulting firm announces its technology initiatives in domains of cybersecurity, legal tech and blockchain
** More than 180,000 shares change hands by 2:37 p.m. IST, 0.6x the 30-day avg
** Stock has more than tripled so far this year
(Reporting by Dimpal Gulwani in Bengaluru)
India's 63 Moons up after June-quarter profit swing
** Shares of 63 Moons Technologies 63MO.NS rise as much as 9.5% to 277.8 rupees, highest since July 14
** Co reported a consolidated net PAT on Tuesday vs a loss a year ago
** The IT services and consulting firm said rev from ops nearly tripled
** 63MO trading above its moving average convergence divergence line, indicating bullish sentiment
** Stock rises over 51% this year, up to last close
($1 = 82.8040 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of 63 Moons Technologies 63MO.NS rise as much as 9.5% to 277.8 rupees, highest since July 14
** Co reported a consolidated net PAT on Tuesday vs a loss a year ago
** The IT services and consulting firm said rev from ops nearly tripled
** 63MO trading above its moving average convergence divergence line, indicating bullish sentiment
** Stock rises over 51% this year, up to last close
($1 = 82.8040 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's 63 Moons Technologies Posts June-Quarter Consol Net PAT
Aug 8 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
JUNE-QUARTER CONSOL NET PAT 389.9 MILLION RUPEES VERSUS LOSS 118.4 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.15 BILLION RUPEES VERSUS 408.1 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: 63MO.NS
(([email protected];;))
Aug 8 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
JUNE-QUARTER CONSOL NET PAT 389.9 MILLION RUPEES VERSUS LOSS 118.4 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.15 BILLION RUPEES VERSUS 408.1 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: 63MO.NS
(([email protected];;))
REFILE-India's Multi Commodity Exchange falls 10% after extending IT contract at higher cost
Corrects media packaging code
BENGALURU, June 30 (Reuters) - Shares of Multi Commodity Exchange of India MCEI.NS fell as much as 10% on Friday after the company, late on Wednesday, extended the services of software vendor 63 Moons Technologies 63MO.NS for six months at a higher cost.
The commodity exchange renewed the contract for 2.50 billion rupees ($30.48 million) for six months, beginning July 1, compared with 810 million rupees for the first six months of the year.
($1 = 82.0170 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru; Editing by Janane Venkatraman)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Corrects media packaging code
BENGALURU, June 30 (Reuters) - Shares of Multi Commodity Exchange of India MCEI.NS fell as much as 10% on Friday after the company, late on Wednesday, extended the services of software vendor 63 Moons Technologies 63MO.NS for six months at a higher cost.
The commodity exchange renewed the contract for 2.50 billion rupees ($30.48 million) for six months, beginning July 1, compared with 810 million rupees for the first six months of the year.
($1 = 82.0170 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru; Editing by Janane Venkatraman)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
63 Moons Technologies Agreed To "Eleventh-Hour" Request For Software Support Service By Multi Commodity Exchange Of India
June 29 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES LTD - AGREED TO ELEVENTH-HOUR REQUEST BY MULTI COMMODITY EXCHANGE OF INDIA LIMITED
63 MOONS TECHNOLOGIES LTD - NEW ARRANGEMENT OF SOFTWARE SUPPORT SERVICE WILL BE FROM COMMENCING FROM 1ST JULY 2023 TO 31ST DECEMBER 2023
63 MOONS TECHNOLOGIES- THIS IS THIRD TIME MCX APPROACHED CO TO EXTEND SOFTWARE SUPPORT SERVICE ARRANGEMENT AFTER LONG-TERM ARRANGEMENT WITH MCX ENDED SEPT 30, 2022
Source text for Eikon: ID:nNSE6N2SJ3
Further company coverage: 63MO.NS
(([email protected];))
June 29 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
63 MOONS TECHNOLOGIES LTD - AGREED TO ELEVENTH-HOUR REQUEST BY MULTI COMMODITY EXCHANGE OF INDIA LIMITED
63 MOONS TECHNOLOGIES LTD - NEW ARRANGEMENT OF SOFTWARE SUPPORT SERVICE WILL BE FROM COMMENCING FROM 1ST JULY 2023 TO 31ST DECEMBER 2023
63 MOONS TECHNOLOGIES- THIS IS THIRD TIME MCX APPROACHED CO TO EXTEND SOFTWARE SUPPORT SERVICE ARRANGEMENT AFTER LONG-TERM ARRANGEMENT WITH MCX ENDED SEPT 30, 2022
Source text for Eikon: ID:nNSE6N2SJ3
Further company coverage: 63MO.NS
(([email protected];))
India's 63 Moons Technologies tanks on widening Q4 loss
** Shares of 63 Moons Technologies Ltd 63MO.NS fall as much as 9.6%, its biggest pct loss since April 19, 2021
** Co reported consolidated net loss after tax of 175.7 mln rupees ($2.2 mln) vs a loss of 86.1 mln rupees year ago
** Rev from ops saw near 3-fold jump, but hurt by an exceptional item worth 413.7 mln rupees
** Stock trading below 50-, 100- and 200-day exponential moving avgs since April 18
** More than 397,000 shares change hands by 11:00 a.m. IST, nearly 4x the 30-day avg
** As of last close, stock up 7.5% this year
($1 = 82.7464 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of 63 Moons Technologies Ltd 63MO.NS fall as much as 9.6%, its biggest pct loss since April 19, 2021
** Co reported consolidated net loss after tax of 175.7 mln rupees ($2.2 mln) vs a loss of 86.1 mln rupees year ago
** Rev from ops saw near 3-fold jump, but hurt by an exceptional item worth 413.7 mln rupees
** Stock trading below 50-, 100- and 200-day exponential moving avgs since April 18
** More than 397,000 shares change hands by 11:00 a.m. IST, nearly 4x the 30-day avg
** As of last close, stock up 7.5% this year
($1 = 82.7464 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
63 Moons Technologies Re-Appoints Rajendran Soundaram As MD, CEO
May 24 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
DIVIDEND 2 RUPEES PER SHARE
RE-APPOINTS RAJENDRAN SOUNDARAM AS MANAGING DIRECTOR AND CEO
RE-APPOINTS DEVENDRA AGRAWAL AS CFO FOR FURTHER TERM OF 3 YEARS
Source text for Eikon: ID:nBSEXFY0N
Further company coverage: 63MO.NS
(([email protected];))
May 24 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:
DIVIDEND 2 RUPEES PER SHARE
RE-APPOINTS RAJENDRAN SOUNDARAM AS MANAGING DIRECTOR AND CEO
RE-APPOINTS DEVENDRA AGRAWAL AS CFO FOR FURTHER TERM OF 3 YEARS
Source text for Eikon: ID:nBSEXFY0N
Further company coverage: 63MO.NS
(([email protected];))
CARE Ratings Files Appeals Against Court Order On Interim Applications Filed By 63 Moons Technologies Against Co, Others
April 20 (Reuters) - CARE Ratings Ltd CREI.NS:
FILED APPEALS AGAINST COURT ORDER ON INTERIM APPLICATIONS FILED BY 63 MOONS TECHNOLOGIES AGAINST CO, OTHERS
Source text for Eikon: ID:nBSE4nwLfr
Further company coverage: CREI.NS
(([email protected];))
April 20 (Reuters) - CARE Ratings Ltd CREI.NS:
FILED APPEALS AGAINST COURT ORDER ON INTERIM APPLICATIONS FILED BY 63 MOONS TECHNOLOGIES AGAINST CO, OTHERS
Source text for Eikon: ID:nBSE4nwLfr
Further company coverage: CREI.NS
(([email protected];))
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What does 63 Moons Tech. do?
63 Moons Technologies Limited is a global leader in creating digital markets and marketplaces, focusing on technology solutions for financial platforms and ecosystems across India and internationally.
Who are the competitors of 63 Moons Tech.?
63 Moons Tech. major competitors are Cigniti Technologies, Axiscades Tech., Datamatic Global Ser, R Systems Intl., Nucleus Software Exp, Sasken Technologies, Saksoft. Market Cap of 63 Moons Tech. is ₹3,305 Crs. While the median market cap of its peers are ₹3,318 Crs.
Is 63 Moons Tech. financially stable compared to its competitors?
63 Moons Tech. seems to be less financially stable compared to its competitors. Altman Z score of 63 Moons Tech. is 9.78 and is ranked 4 out of its 8 competitors.
Does 63 Moons Tech. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. 63 Moons Tech. latest dividend payout ratio is 4.14% and 3yr average dividend payout ratio is 4.14%
How has 63 Moons Tech. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is 63 Moons Tech. balance sheet?
Balance sheet of 63 Moons Tech. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of 63 Moons Tech. improving?
The profit is oscillating. The profit of 63 Moons Tech. is -₹55.72 Crs for TTM, ₹223 Crs for Mar 2024 and -₹16.31 Crs for Mar 2023.
Is the debt of 63 Moons Tech. increasing or decreasing?
Yes, The debt of 63 Moons Tech. is increasing. Latest debt of 63 Moons Tech. is -₹1,488.68 Crs as of Sep-24. This is greater than Mar-24 when it was -₹2,565.52 Crs.
Is 63 Moons Tech. stock expensive?
63 Moons Tech. is not expensive. Latest PE of 63 Moons Tech. is 0.0, while 3 year average PE is 13.01. Also latest EV/EBITDA of 63 Moons Tech. is 0.0 while 3yr average is 7.57.
Has the share price of 63 Moons Tech. grown faster than its competition?
63 Moons Tech. has given lower returns compared to its competitors. 63 Moons Tech. has grown at ~14.97% over the last 10yrs while peers have grown at a median rate of 16.33%
Is the promoter bullish about 63 Moons Tech.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in 63 Moons Tech. is 45.63% and last quarter promoter holding is 45.63%.
Are mutual funds buying/selling 63 Moons Tech.?
There is Insufficient data to gauge this.