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    Mphasis shares drop 0.88% as Sensex falls

    Synopsis

    A total of 8,790 shares changed hands on the counter till 02:09PM (IST)

    market-getty-24Getty Images
    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    Shares of the MphasiS Ltd. traded at Rs 2042.2 on BSE at 02:09PM (IST) on Thursday, down 0.88 per cent. The stock quoted a 52-week low price of Rs 1897.35 and a high of Rs 3466.4.

    Earlier in the day, the stock saw a gap down opening.

    At the prevailing price, the stock traded at 23.64 times its trailing 12-month EPS of Rs 86.27 per share and 9.13 times its book value, as per BSE data.

    A total of 8,790 shares changed hands on the counter till 02:09PM (IST). The stock commands a market value of Rs 38408.52 crore and is part of the IT Consulting & Software - Mid Cap industry.

    The scrip has been an underperformer , down 35.15 per cent in the past one year in comparison with a 4.7 per cent gain in Sensex.

    During the day, the stock moved between Rs 2075.55 and Rs 2014.25.

    Promoter/FII Holding
    Promoters held 0.0 per cent in the company as of 31-Dec-2022. FII and MF ownership in MphasiS Ltd. stood at 18.89 per cent and 12.55 per cent, respectively.
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