INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Mphasis traded 1.91 per cent up in Tuesday 's trade at 10:08 am (IST)
Around 29501 shares changed hands on the counter
The stock opened at Rs 690.0 and touched an intraday high and low of Rs 697.7 and Rs 677.0 , respectively, in the session so far
The stock quoted a 52-week high of Rs 1183.0 and a 52-week low of Rs 635.0 .
Investec has maintained buy rating on Mphasis and cut target
price to Rs 990 from Rs 1,130
Mphasis has not seen any specific impact in the near term from the Covid-19 crisis, said Investec.
Financials MphasiS Ltd., incorporated in
the year 1992, is a Mid Cap company (having a market cap of Rs 12536.14 Crore) operating in IT Software sector
For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 2276.72 Crore, up 5.50 % from last quarter Sales of Rs
2158.11 Crore and up 15.51 % from last year same quarter Sales of Rs 1970.96 Crore Company reported net profit after tax of Rs 293.60 Crore
key Products/Revenue Segments include Computer Software which contributed Rs 3434.02 Crore to Sales Value (100.00 % of Total Sales)for the
Valuation ratio It quoted a price-to-earnings ratio of 11.8 and price to book value of 2.47
