Stocks News

Mphasis Stock Price: Mphasis stock fell 0.63% on Tuesday’s trading session.

Shares of MphasiS Ltd. were down 0.63 per cent at Rs 2761.4 in trading as of 11:06 AM IST on Tuesday even as benchmark Nifty was down 26.1 points at 22096.15.

In the previous session, the stock had closed at Rs 2778.95. The stock hit a 52-week low of Rs 1660.65 and a 52-week high of Rs 2835.0. The company quoted a market capitalization of Rs 52332.0 crore on the BSE.

So far 2,045 shares of the stock have been traded on BSE. At its current price, the stock is trading at 33.4 times its trailing 12-month EPS (Rs 83.01 per share) and 4.27 times its book value. Return on equity (ROE) was recorded at 20.64 rupees.

main financial
For the quarter ended December 31, 2023, MphasiS Ltd. reported consolidated revenue of Rs 3392.19 crore, up 4.34% from the same quarter a year ago. The company reported net profit at Rs 373.6 crore during the latest quarter, down 9.38% year-on-year.

technical indicators

The relative strength index (RSI) for stocks was released on Tuesday. RSI oscillates between 0 and 100. Traditionally, RSI values ​​above 70 are considered overbought, and below 30 are considered oversold. Analysts say the RSI indicator should not be viewed in isolation. This is in the same way that fundamental analysts cannot provide “buy” or “sell” recommendations using a single valuation ratio.

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