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Mphasis Ltd soars 2.18%, rises for third straight session

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Capital Market

Mphasis Ltd is quoting at Rs 1651, up 2.18% on the day as on 12:49 IST on the NSE. The stock is up 86.78% in last one year as compared to a 18.2% gain in NIFTY and a 59.04% gain in the Nifty IT index.

Mphasis Ltd rose for a third straight session today. The stock is quoting at Rs 1651, up 2.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.48% on the day, quoting at 14213.95. The Sensex is at 48362.73, up 0.39%. Mphasis Ltd has added around 25.63% in last one month.

 

Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has added around 12.18% in last one month and is currently quoting at 25419.15, down 0.19% on the day. The volume in the stock stood at 2.02 lakh shares today, compared to the daily average of 5.23 lakh shares in last one month.

The PE of the stock is 23.8 based on TTM earnings ending September 20.

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First Published: Jan 07 2021 | 1:05 PM IST

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