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Mphasis Ltd gains for third consecutive session

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Mphasis Ltd is quoting at Rs 2738.5, up 1.78% on the day as on 12:49 IST on the NSE. The stock is up 28.95% in last one year as compared to a 24.78% spurt in NIFTY and a 26.1% spurt in the Nifty IT index.

Mphasis Ltd gained for a third straight session today. The stock is quoting at Rs 2738.5, up 1.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.38% on the day, quoting at 24596.45. The Sensex is at 80712.82, up 0.24%. Mphasis Ltd has risen around 13.29% in last one month.

 

Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has risen around 12.47% in last one month and is currently quoting at 39023, up 0.31% on the day. The volume in the stock stood at 8.66 lakh shares today, compared to the daily average of 9.74 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 2741.85, up 1.55% on the day. Mphasis Ltd is up 28.95% in last one year as compared to a 24.78% spurt in NIFTY and a 26.1% spurt in the Nifty IT index.

The PE of the stock is 35.27 based on TTM earnings ending March 24.

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First Published: Jul 15 2024 | 1:05 PM IST

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