Share price of Mphasis falls as Sensex gains 232.6 points
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 14.84 per cent and 13.88 per cent, respectively.
The share price of dropped 0.98 per cent to Rs 2227.25 at 01:54PM (IST) in Friday's trade. The counter has hit a high of Rs 2249.95 and low of Rs 2180.05 so far during the session. The stock had closed at Rs 2249.4 in the previous session.The counter has had a total traded volume of 6959 shares so far with a value of Rs 1.55 crore on the . It traded at a price-to-earnings multiple of 26.98 and a price-to-book ratio of 5.13.
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 19.38 per cent during the past one year, while the 30-share index advanced 17.59 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-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 14.84 per cent and 13.88 per cent, respectively.
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 the previous quarter's Rs 3392.19 crore and up 2.13 per cent from the year-ago quarter's Rs 3403.82 crore.
Profit for the latest quarter stood at Rs 393.22 crore, down 2.98 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
