Mphasis Ltd up for fifth session

Capital Market 

Mphasis Ltd is quoting at Rs 1305.7, up 3.9% on the day as on 12:49 IST on the NSE. The stock is up 31.84% in last one year as compared to a 4.57% spurt in NIFTY and a 25.05% spurt in the Nifty IT.

Mphasis Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1305.7, up 3.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 11506.25. The Sensex is at 38971.28, up 0.55%. Mphasis Ltd has risen around 7.5% in last one month.

Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has risen around 8.03% in last one month and is currently quoting at 19505.1, up 0.93% on the day. The volume in the stock stood at 6.21 lakh shares today, compared to the daily average of 3.04 lakh shares in last one month.

The PE of the stock is 19.61 based on TTM earnings ending June 20.

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First Published: Tue, September 15 2020. 13:00 IST