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Mphasis Ltd soars 7.82%, rises for third straight session

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Capital Market
Last Updated : Apr 03 2020 | 1:16 PM IST

Mphasis Ltd is quoting at Rs 728.5, up 7.82% on the day as on 12:54 IST on the NSE. The stock is down 25.53% in last one year as compared to a 30.02% fall in NIFTY and a 25.33% fall in the Nifty IT index.

Mphasis Ltd rose for a third straight session today. The stock is quoting at Rs 728.5, up 7.82% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.67% on the day, quoting at 8116.1. The Sensex is at 27740.98, down 1.86%. Mphasis Ltd has dropped around 13.27% in last one month.

Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has dropped around 25.89% in last one month and is currently quoting at 12045.85, down 2.4% on the day. The volume in the stock stood at 1.47 lakh shares today, compared to the daily average of 6.07 lakh shares in last one month.

The PE of the stock is 14.4 based on TTM earnings ending December 19.

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First Published: Apr 03 2020 | 1:05 PM IST

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