MphasiS Ltd. rose 0.51 per cent to Rs 2892.55 in Monday's trade as of 01:14PM (IST) even as the benchmark Nifty ruled at 24485.55, down 45.36 points.
The scrip had closed at Rs 2877.6 in the previous session. The stock quoted a 52-week low of Rs 2068.45 and a high of Rs 2913.35. The company quoted a market-cap of Rs 54712.02 crore on the BSE.
On BSE, 25,179 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 35.19 times its trailing 12-month EPS of Rs 82.23 per share and 5.13 times its book value. The return on equity (ROE) stood at Rs 17.67.
Key Financials For the quarter ended 31-Mar-2024, MphasiS Ltd. reported consolidated sales of Rs 3476.23 crore, up 2.13 per cent from the same quarter a year ago. The company reported 2.98 per cent YoY de-growth in net profit at Rs 393.22 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.