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    Mphasis shares drop 0.15% as Sensex rises

    Synopsis

    A total of 9,302 shares changed hands on the counter till 01:49PM (IST)

    macdGetty Images
    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    Shares of the MphasiS Ltd. traded at Rs 2382.2 on BSE at 01:49PM (IST) on Friday, down 0.15 per cent. The stock quoted a 52-week low price of Rs 1660.65 and a high of Rs 2550.95.

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

    At the prevailing price, the stock traded at 27.54 times its trailing 12-month EPS of Rs 86.56 per share and 4.27 times its book value, as per BSE data.

    A total of 9,302 shares changed hands on the counter till 01:49PM (IST). The stock commands a market value of Rs 44948.33 crore and is part of the IT Consulting & Software - Mid Cap industry.

    The scrip has been an underperformer , up 15.17 per cent in the past one year in comparison with a 15.48 per cent gain in Sensex.

    During the day, the stock moved between Rs 2407.0 and Rs 2343.6.

    Promoter/FII Holding
    Promoters held 0.0 per cent in the company as of 30-Jun-2023. FII and MF ownership in MphasiS Ltd. stood at 17.19 per cent and 13.04 per cent, respectively.
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