Mphasis shares gain 0.47% as Sensex rises
MphasiS Ltd. traded 0.47 per cent up at Rs 2632.05 at 11:47AM (IST) on Thursday, even as BSE benchmark Sensex gained 39.13 points to 70545.44.
The stock had closed at Rs 2619.7 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 2676.9 and Rs 1660.65, respectively.
As per BSE data, total traded volume on the counter till 11:47AM (IST) stood at 11:47AM shares with turnover at Rs 2.28 crore.
At the prevailing price, shares of the company trades at 30.96 times its trailing 12-month EPS of Rs 85.14 per share and 4.27 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.25.
Shareholding Details Promoters held 55.57 per cent stake in the company as of 30-Sep-2023, while FIIs owned 16.6 per cent and DIIs 22.25 per cent.
