Mphasis stock price: As Nifty rises, Mphasis stock price falls.
The stock has a 52-week high of Rs 2835.0 and a 52-week low of Rs 1726.15. The stock’s return on equity (ROE) was 20.64%. Approximately 4,250 shares have been traded to date.
The beta value, which measures volatility compared to the overall market, was found to be 0.25.
The scrip has performed exceptionally well, rising 28.0% over the past year compared to 22.7% rise in Sensex.
technology
On the technical charts, the stock’s 200-day moving average (DMA) was Rs 1726.15 on April 22, while its 50-DMA was Rs 2520.18. If a stock is trading well above the 50-DMA and 200-DMA, this usually means the immediate trend is up. On the other hand, if a stock is trading well below both the 50-DMA and 200-DMA, it is considered a bearish trend, while if it is trading between these averages, it means the stock could go in either direction.
Promoter/FII holdings
The promoters hold 0.0% stake in MphasiS Ltd. as on March 31, 2024. Mutual funds and foreign institutional investors held 13.88% and 14.84% of the shares, respectively.
