MphasiS Ltd. 2.62 per cent to Rs 2831.25 at 10:41AM (IST) in Tuesday's trade. The stock has hit a high of Rs 2844.00 and low of Rs 2755.00 so far during the session. The stock had closed at Rs 2758.80 in the previous session.
The counter has had a total traded volume of 3112 shares so far with a value of Rs 0.88 crore on the NSE. It traded at a price-to-earnings multiple of 33.58 and a price-to-book ratio of 5.13.
A higher P/E ratio shows 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip 21.67 per cent during the past one year, while the 30-share index advanced 20.469999313354492 per cent during the same period.
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