Share price of Mphasis jumps as Sensex gains 177.68 points
A total of 2,752 shares changed hands on the counter till 09:59AM (IST)
Share price of gained 3.03 per cent to Rs 2341.85 at 09:59AM (IST) in Thursday's trade. The scrip hit a high of Rs 2353.4 and low of Rs 2287.0 so far during the session. The stock had closed at Rs 2272.95 in the previous session.The counter had a total traded volume of 09:59AM shares so far with a turnover of Rs 0.65 crore on . The stock 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 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.
Promotor/FII Holding
Promoters held 55.45 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 24.41 per cent, respectively.
Key Financials
The firm reported consolidated net 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.
Its 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
