Mphasis Ltd News

Mphasis up 2% on innovation program update; PL Capital upgrades to 'Buy'

Domestic brokerage PL Capital has upgraded its rating on Mphasis shares to 'Buy' from 'Accumulate', with a revised target price of ₹3,310 per share

Nifty IT index jumps 2%; what's driving IT stocks higher today? Find here

Analysts attributed the up move to a pullback rally after sharp declines in past sessions. The index is currently 22.72% below its 52-week high of 46,088.90 and is down about 14.8% so far this year.

Mphasis Q2 profit rises 10.8% to ₹469 cr on strong AI-led deal wins

Mphasis posts double-digit growth in Q2 FY26 with net profit up 10.8 per cent to Rs 469 crore and $528 million in deal wins; BFS pipeline rises 45 per cent on AI-driven demand

Mphasis Q2FY26 results: PAT rises 10.8% to ₹469 cr; revenue at ₹ 3,902 cr

IT solutions provider Mphasis on Friday reported a 10.79 per cent increase in consolidated net profit to Rs 469 crore for the July-September quarter. The company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to regulatory filings. The Bengaluru-headquartered company's revenue from operations rose 10.34 per cent to Rs 3,901.91 crore in Q2 FY26, as against Rs 3,536.14 crore in Q2 FY25. Seen sequentially, profit and revenue rose by 6.18 per cent and 4.53 per cent, respectively. Our early, focused investments in AI have positioned Mphasis as a strategic partner for clients navigating their transformation journey. Another strong quarter of total contract value (TCV) wins of USD 528 million is a testimony to our AI first approach delivering business outcomes, across diverse industries., said Nitin Rakesh, Chief Executive Officer and Managing Director, Mphasis. As much as 87 per cent of the deal wins were in

New H1-B visa fees rule drags Nifty IT 4%; Tech M, LTIMindtree sink upto 6%

The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent

IT stocks brace for H-1B visa impact; but there's a silver lining: Analysts

Another silver lining for the companies and the markets, analysts said, is the falling dependence on the H-1B visa in the last few years.

IT stocks slide as misquoted tweet sparks confusion; what really happened

Nuvama, in a recent report, upgraded the IT sector to 'Overweight' from 'Underweight', noting that the space has largely become a trading and relative valuation call

IT shares in focus; Infosys, TCS, Coforge rise up to 3%; Buy, sell, hold?

However, thus far in the calendar year 2025, Nifty IT index has underperformed the market by falling 18 per cent, as against 5.5 per cent rally in Nifty 50.

Coforge edges past rivals in a hotly contested mid-tier IT services market

According to data Coforge is currently ranked at number eight, behind LTIMIndtree and Mphasis

These 2 large-, mid-, small-cap stocks can rally up to 22%, say charts

DMart, Larsen & Toubro, Mphasis, General Insurance Company, Godawari Power (GPIL) and New India Assurance (NIACL) across market categories look favourably placed on technical charts.

Sensex tanks 700 points: 3 reasons behind the market fall

While India has signed a trade agreement with the UK, D-Street's focus remains firmly on the prospective trade deal between New Delhi and Washington.

Mphasis shares slip 3% on ex-dividend date; check out more details

Mphasis share price slipped 3 per cent, logging an intraday low at ₹2822.1 per share on Wednesday

Dividend stocks: Pfizer, 6 others to go ex-date on July 9; do you own any?

Here is the complete list of stocks that will trade ex-dividend on July 9, following their announcements of dividend rewards for shareholders