Mphasis rises 2.74% as Sensex climbs
MphasiS Ltd. traded at Rs 2673.35 on BSE at 10:10AM (IST) on Friday, up 2.74 per cent from previous close.
The stock quoted a 52-week low price of Rs 1660.65 and a high of Rs 2788.35.
Earlier, the stock saw a gap down opening in the morning.
A total of 10,794 lakh shares changed hands on the counter till 10:10AM (IST).
The stock of MphasiS Ltd.
commanded a market value of Rs 50408.66 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 31.4, 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, 371 stocks traded in the green, while 130 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-Sep-2023 while foreign portfolio investors and domestic institutional investors owned 16.6 per cent and 13.24 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2168.18 on January 05, while the 50-DMA was at 2407.95. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
