Share price of Mphasis jumps as Sensex gains 348.12 points

Share price of MphasiS Ltd. gained 0.54 per cent to Rs 2726.0 at 12:38PM (IST) in Friday's trade. The counter hit a high of Rs 2750.0 and low of Rs 2686.7 so far during the session. The stock had closed at Rs 2711.35 in the previous session.

The counter had a total traded volume of 12:38PM shares so far with a turnover of Rs 5.78 crore on BSE. The stock traded at a price-to-earnings multiple of 32.76 and a price-to-book ratio of 4.27.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

MphasiS Ltd. belongs to the IT Consulting & Software - Mid Cap industry.

Promotor/FII Holding
Promoters held 55.52 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 15.72 per cent and 23.49 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 3392.19 crore for the quarter ended 31-Dec-2023, up 2.0 per cent from the previous quarter's Rs 3325.54 crore and up 4.34 per cent from the year-ago quarter's Rs 3546.19 crore.

Its profit for the latest quarter stood at Rs 373.6 crore, down 9.38 per cent from the same quarter a year ago.