Mphasis shares gain 0.21% as Sensex rises
A total of 4,606 shares changed hands on the counter till 12:28PM (IST)
Shares of traded 0.21 per cent up at Rs 2445.75 at 12:28PM (IST) on Friday, even as benchmark gained 21.97 points to 79265.15. The scrip had settled at Rs 2440.55 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 2835.0 and Rs 1834.0, respectively.
As per BSE data, total traded volume on the counter till 12:28PM (IST) stood at 12:28PM shares with turnover at Rs 1.12 crore.
At the current price, the stock trades at 29.78 times its trailing 12-month earnings per share of Rs 82.27 per share and 5.13 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.25.
Shareholding Details
Promoters held 55.45 per cent stake in the company as of 31-Mar-2024, while FIIs owned 14.84 per cent and DIIs 24.41 per cent.
Source: Stocks-Markets-Economic Times
