Mphasis share price down 0.62 per cent

Shares of MphasiS Ltd. traded 0.62 per cent up at Rs 1931.6 at around 11:38AM (IST) on Thursday. The stock had closed at Rs 1943.65 in the previous session. Equity benchmark Sensex traded 345.16 points lower at 60565.12 around the same time.


The scrip has declined 41.65 per cent in the last one year till date, while the 30-share index has gained 7.54 per cent during the same period.

The stock's 52-week high price stood at Rs 3476.6 and the 52-week low price at Rs 1897.35.

Trading volume on the counter stood at 2,935 shares, while it quoted a price-to-earnings ratio of 23.11, an EPS value of 83.45 and a price-to-book value of 9.13. In the Nifty50 pack, 3 stocks traded in the green, while 46 stocks were in the red.

Promoter/FII Holding
Promoters held 55.7 per cent stake in the company as of 30-Sep-2022, while foreign institutional investors and mutual funds' ownership stood at 20.48 per cent and 11.95 per cent, respectively.

Key Financials
For the quarter ended 30-Sep-2022, the company reported consolidated sales of Rs 3563.23 crore, up 3.38 per cent from the previous quarter's Rs 3446.86 crore and up 22.31 per cent from the year-ago quarter's Rs 2913.16 crore. The company reported net profit of Rs 418.46 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.