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Mphasis Ltd down for fifth straight session

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Mphasis Ltd is quoting at Rs 2490.9, down 0.08% on the day as on 13:19 IST on the NSE. The stock jumped 26.97% in last one year as compared to a 30.56% rally in NIFTY and a 26.88% spurt in the Nifty IT index.

Mphasis Ltd is down for a fifth straight session today. The stock is quoting at Rs 2490.9, down 0.08% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 22397.5. The Sensex is at 73785.71, down 0.45%.Mphasis Ltd has lost around 4.23% in last one month.Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has eased around 2.27% in last one month and is currently quoting at 37099.9, up 0.09% on the day. The volume in the stock stood at 2.71 lakh shares today, compared to the daily average of 5.43 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 2500, down 0.01% on the day. Mphasis Ltd jumped 26.97% in last one year as compared to a 30.56% rally in NIFTY and a 26.88% spurt in the Nifty IT index.

The PE of the stock is 30.9 based on TTM earnings ending December 23.

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First Published: Mar 11 2024 | 1:35 PM IST

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