Mphasis shares up 0.74% as Nifty drops
A total of 13,706 shares changed hands on the counter till 11:01AM (IST).
NEW DELHI: Shares of traded 0.74 per cent up in Friday's trade at 11:01AM (IST). Around 13,706 shares changed hands on the counter.The scrip opened at Rs 2584.75 and touched an intraday high and low of Rs 2609.95 and Rs 2584.75, respectively, in the session so far. The stock of quoted a 52-week high of Rs 2835.0 and a 52-week low of Rs 1850.5.
As per , the total market cap of the . stood at Rs 49097.9 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3476.23 crore for the quarter ended 31-Mar-2024, up 2.48 per cent from previous quarter's Rs 3392.19 crore and up 2.13 per cent from the year-ago quarter's Rs 3403.82 crore.
The net profit for latest quarter stood at Rs 393.22 crore, down 2.98 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 13.88 per cent stake in the company, while foreign institutional investors held 14.84 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 31.58 and a price-to-book ratio of 5.13. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the IT Consulting & Software - Mid Cap industry.
Source: Stocks-Markets-Economic Times
