Share price of Mphasis jumps as Sensex gains 55.84 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 gained 0.19 per cent to Rs 2644.6 at 11:31AM (IST) in Thursday's trade. The scrip has hit a high of Rs 2651.1 and low of Rs 2611.35 so far during the session. The stock had closed at Rs 2639.55 in the previous session.The counter has had a total traded volume of 2454 shares so far with a value of Rs 0.65 crore on the . It traded at a price-to-earnings multiple of 31.9 and a price-to-book ratio of 4.27.
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 gained 29.9 per cent during the past one year, while the 30-share index advanced 19.74 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 net 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
