Mphasis shares up 0.12% as Nifty falls
MphasiS Ltd. rose 0.12 per cent to Rs 2495.05 in Monday's trade.
It hit an intraday high of Rs 2498.25 and low of Rs 2454.7, respectively, during the day.
The stock quoted a 52-week high price of Rs 2550.95 and low of Rs 1660.65.
As of 01:20PM (IST), the counter saw total traded volume of 1,958 shares with a traded value of Rs 4851.0 crore, according to NSE.
The stock had closed at Rs 2491.9 in the previous session.
The scrip has advanced 8.9 per cent in the past one month till date, while the benchmark BSE Sensex has gained 3.67 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 28.82 while price-to-book ratio stood at 4.27. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the IT Consulting & Software — Mid Cap industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and MF ownership in the firm stood at 17.19 per cent and 13.04 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 3302.36 crore for the quarter ended 30-Jun-2023, down 2.98 per cent from the previous quarter's Rs 3403.82 crore and down 4.19 per cent from the year-ago quarter's Rs 3446.86 crore. Its net profit for the latest quarter stood at Rs 396.05 crore, down 1.45 per cent from the same quarter a year ago.
