Share price of Mphasis falls as Sensex drops 348.48 points
Promoters held 0.0 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 15.71 per cent and 13.61 per cent, respectively.
The share price of dropped 0.58 per cent to Rs 2477.45 at 01:50PM (IST) in Monday's trade. The scrip has hit a high of Rs 2504.75 and low of Rs 2442.05 so far during the session. The stock had closed at Rs 2492.0 in the previous session.The counter has had a total traded volume of 5814 shares so far with a value of Rs 1.43 crore on the . It traded at a price-to-earnings multiple of 29.96 and a price-to-book ratio of 4.27.
A higher price-to-earnings 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 gained 21.45 per cent during the past one year, while the 30-share index advanced 24.19 per cent during the same period.
belongs to the IT Consulting & Software - Mid Cap industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 15.71 per cent and 13.61 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 3392.19 crore for the quarter ended 31-Dec-2023, up 2.0 per cent from the previous quarter's Rs 3325.54 crore and up 4.34 per cent from the year-ago quarter's Rs 3546.19 crore.
Profit for the latest quarter stood at Rs 373.6 crore, down 9.38 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
