Mphasis declines 0.75% as Sensex climbs
MphasiS Ltd. traded at Rs 2449.2 on BSE at 12:18PM (IST) on Wednesday, down 0.75 per cent from previous close.
The scrip quoted a 52-week low price of Rs 1660.65 and a high of Rs 2550.95.
Earlier, the stock saw a gap down opening in the morning.
A total of 3,610 lakh shares changed hands on the counter till 12:18PM (IST).
The stock of MphasiS Ltd.
commanded a market value of Rs 46168.27 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 28.29, while the price-to-book value ratio stood at 4.27. Return on equity (ROE) was at 20.64 per cent, according to exchange data.
In the BSE500 pack, 302 stocks traded in the green, while 200 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.25.
Promotor/FII Holding Promoters held 0.0 per cent in MphasiS Ltd.
as of 30-Jun-2023 while overseas and domestic institutional investors owned 17.19 per cent and 13.04 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2033.36 on September 13, while the 50-DMA was at 2269.67. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
