Share price of Mphasis jumps as Sensex gains 194.21 points

Share price of MphasiS Ltd. gained 0.37 per cent to Rs 1914.9 at 10:46AM (IST) in Monday's trade. The stock hit a high of Rs 1934.0 and low of Rs 1907.9 so far during the session. The stock had closed at Rs 1907.9 in the previous session.

The counter had a total traded volume of 10:46AM shares so far with a turnover of Rs 1.18 crore on BSE. The stock traded at a price-to-earnings multiple of 22.08 and a price-to-book ratio of 4.27.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

MphasiS Ltd. belongs to the IT Consulting & Software - Mid Cap industry.

Promotor/FII Holding
Promoters held 55.63 per cent stake in the company as of 31-Mar-2023, while FIIs and domestic institutional investors ownership stood at 17.72 per cent and 20.72 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 3403.82 crore for the quarter ended 31-Mar-2023, down 4.01 per cent from the previous quarter's Rs 3546.19 crore and down 2.62 per cent from the year-ago quarter's Rs 3316.82 crore.

Its profit for the latest quarter stood at Rs 405.31 crore, up 3.38 per cent from the same quarter a year ago.