The Economic Times daily newspaper is available online now.

    Mphasis shares rise 0.33% as Sensex climbs

    Synopsis

    A total of 3,026 shares changed hands on the counter till 11:54AM (IST)

    Brokers trade at computer terminals at stock brokerage firm in MumbaiReuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    Shares of the MphasiS Ltd. traded at Rs 2048.15 on BSE at 11:54AM (IST) on Wednesday, up 0.33 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 1897.35 and a high of Rs 3466.4.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 3,026 lakh shares changed hands on the counter till 11:54AM (IST).

    The stock of MphasiS Ltd. commands a market value of Rs 38562.01 crore.

    The stock traded at a price-to-earning (P/E) multiple of 24.56, while the price-to-book value ratio stood at 9.13. Return on equity (ROE) was at 20.6 per cent, according to exchange data.

    In the BSE500 pack, 293 stocks traded in the green, while 208 stocks were in the red.

    Promotor Holding
    Promoters held 55.65 per cent in the MphasiS Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 20.48 per cent and 19.32 per cent, respectively.



    ( Originally published on Jan 18, 2023 )
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in