Getty ImagesThe stock opened at Rs 2361.05 and touched an intraday high and low of Rs 2368.25 and Rs 2297.0, respectively, in the session so far. Shares of the company of MphasiS Ltd. quoted a 52-week high of Rs 2550.95 and a 52-week low of Rs 1660.65.
As per BSE, the total market cap of the MphasiS Ltd. stood at Rs 43510.37 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3302.36 crore for the quarter ended 30-Jun-2023, down 2.98 per cent from previous quarter's Rs 3403.82 crore and down 4.19 per cent from the year-ago quarter's Rs 3446.86 crore.
The net profit for latest quarter stood at Rs 396.05 crore, down 1.45 per cent from the corresponding quarter last year.
As of 30-Sep-2023, domestic institutional investors held 13.24 per cent stake in the company, while foreign institutional investors held 16.6 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 26.66 and a price-to-book ratio of 4.27. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
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