Mphasis stock price: As Nifty strengthens, Mphasis stock price falls.
The stock hit a high of Rs 2738.45 and a low of Rs 2706.6 during the session.
The stock’s return on equity (ROE) was 20.64%. The trading volume on the counter was 2 PM on the stock and the turnover at that time was Rs 1.98 crore.
The stock of MphasiS Ltd. hit its 52-week high and 52-week low of Rs 2763.25 and Rs 1660.65 respectively.
The counter’s beta, which measures volatility relative to the broader market, was found to be 0.25.
Promoter/FII holdings
As of September 30, 2023, promoters held 55.57% of the company’s shares, foreign investors held 16.6% and domestic institutional investors held 22.25%.
main financial
The company reported consolidated revenue of Rs 3325.54 crore for the quarter ended September 30, 2023, up 0.7% from Rs 3302.36 crore in the previous quarter and 6.67% up from Rs 3563.23 crore in the year-ago quarter.
Net profit after tax in the latest quarter was Rs 391.95 crore, down 6.34% year-on-year.
