Mphasis shares gain 1.44% as Sensex falls
MphasiS Ltd. traded 1.44 per cent up at Rs 2694.45 at 02:06PM (IST) on Monday, even as BSE benchmark Sensex dropped 106.54 points to 71377.21.
The scrip had closed at Rs 2655.95 in the previous session.
The stock quoted a 52-week high price of Rs 2719.8 and 52-week low of Rs 1660.65, respectively. As per BSE data, total traded volume on the counter till 02:06PM (IST) stood at 25642 shares with a turnover of Rs 6.81 crore.
At the prevailing price, the stock traded at 31.64 times its trailing 12-month EPS of Rs 85.14 per share and 4.27 times its price-to-book value, BSE 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 reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.25.
Shareholding Details
Promoters held 0.0 per cent stake in the company as of 30-Sep-2023, while FIIs owned 16.6 per cent and DIIs 13.24 per cent.
Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 81.61. The RSI oscillates between zero and 100.
