Mphasis stock price down 2.27 per cent as Sensex slides
MphasiS Ltd. fell 2.27 per cent to Rs 2538.85 at 01:50PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 4,537 shares with a turnover of Rs 1.15 crore till 01:50PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 30.58, 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. The stock hit an intraday high of Rs 2602.3 and a low of Rs 2530.5 during the session and quoted a 52-week high price of Rs 2835.0 and a 52-week low of Rs 1660.65.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.25.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 2337.26 on March 05, while the 50-DMA was at Rs 2625.53. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 41.58. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Dec-2023, promoters held 55.52 per cent stake in the company, while foreign institutional investors held 15.72 per cent and domestic
