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    Mphasis shares decline 0.99% as Sensex slides

    Synopsis

    A total of 8,961 shares changed hands on the counter till 01:54PM (IST)

    NiftyGetty Images
    India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
    Shares of the MphasiS Ltd. traded at Rs 1861.75 on BSE at 01:54PM (IST) on Wednesday, down 0.99 per cent from previous close.

    The stock quoted a 52-week low price of Rs 1660.65 and a high of Rs 2700.0.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 8,961 lakh shares changed hands on the counter till 01:54PM (IST).

    The stock of MphasiS Ltd. commands a market value of Rs 35041.47 crore.

    The stock traded at a price-to-earning (P/E) multiple of 21.39, while the price-to-book value ratio stood at 4.27. Return on equity (ROE) was at 20.64 per cent, according to exchange data.

    In the BSE500 pack, 185 stocks traded in the green, while 316 stocks were in the red.

    Promotor Holding
    Promoters held 55.63 per cent in the MphasiS Ltd. as of 31-Mar-2023 while foreign and domestic institutional investors owned 17.72 per cent and 20.72 per cent, respectively.
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