Mphasis

IT stocks: Nifty IT index slips over 2% on fears of slowing US economy

At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.

Mphasis Q3 results: Net profit jumps 15% to Rs 428 crore, revenue up 7%

The company's consolidated net profit grew nearly 15 per cent to Rs 428 crore ($49.54 million) for the quarter ended Dec. 31 compared with analysts' expectations of Rs 426 crore

Mphasis gains 5% ahead of reporting Q3 results; check out more details

In Q2, Mphasis, the midcap information technology company, reported a net profit of Rs 423.3 crore for the second quarter of the financial year (Q2 FY25), growing 8 per cent year-on-year (Y-o-Y)

F&O Market: Union Bank, Dabur see short build-up as Nifty tumbles 300pts

Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.

Mphasis share pops 3% as Jefferies initiates with 'Buy', sees 21% upside

The northward move in Mphasis share price came after New York-based financial services company Jefferies initiated coverage with 'Buy' for a target price of Rs 3,460 per share

Nifty IT index hits record high on December 10: Here's what drove the rally

By 11:11 AM, the Nifty IT index had come off its peak but was still trading 0.82 per cent higher at 45,199.40. In comparison, the broader Nifty50 index was up a modest 0.11 per cent at 24,646.30

Mphasis stock gains over 3% on signing pact with MoneyGram Haas F1 Team

Shares of Mphasis rose 2.54 per cent at Rs 68.95 per share on the BSE in Friday's intraday deals

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

Mphasis share price up 4% after Q2FY25 profit jumps over 8%; details here

The rise in Mphasis share price came after the company reported a healthy September quarter (Q2FY25) results.

Nifty to gain upside momentum above 25,500; MphasiS, OFSS see short buildup

Derivatives market update for Sept 19: Options data hint that short term support for Nifty is at 25,250; while upside momentum is expected above 25,500, says Sahaj Agarwal of Kotak Securities.

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut

On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.

Mphasis Q1 FY25 results: Net profit rises 2.1% to Rs 404.5 crore

The revenue growth increased by 4.6 per cent on a year-on-year basis to Rs 3,422.5 crore

Blackstone mops up Rs 6,736 crore from 15.1% stake sale in Mphasis

Continues to be the largest shareholder

Mphasis block deal: Stock slips 5% after nearly 30 mn shares change hands

Mphasis share price: While the buyers and sellers could not be ascertained, reports said BCP Topco, an affiliate firm of BlackStone, was the likely seller

Stocks to Watch, June 10: Mphasis, Tata Motors, Adani Green, Samvardhana

Stocks to Watch today, June 10: Reports suggest BCP Topco IX Pte, an affiliate firm of Blackstone Group, will likely sell up to 15 per cent stake in Mphasis via block deals on Monday

Bengaluru-based IT company Mphasis appoints new Europe & GBPS head

Mphasis specialises in cloud and cognitive services and is based in Bengaluru. It has recently launched a dedicated AI Business unit

HCL Technologies to outshine IT peers in Q3 results: Elara Securities

Q3 IT preview: Elara Securities said that added that other large firms may witness a revenue dip of 1-1.3 per cent QoQ CC given weak seasonality

Mphasis Q2FY24 result: Consolidated profit at Rs 391 cr; revenue down 6%

The total income for Q2FY24 came in at Rs 3,325.5 crore, compared to Rs 3,563.2 crore year-on-year, registering a fall of 6.67 per cent

Midcap IT services company Mphasis appoints Ayaskant Sarangi as CHRO

Before joining Mphasis, Sarangi served as CHRO at Wipro Enterprises, where he led human resources functions

Mphasis acquires Salesforce service partner Silverline for over $132 mn

Mphasis says the deal is part of its plan to prepare for future applied technology and predict trends