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Mphasis shares gain 3.27% as Sensex rises

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October 7, 2024
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Mphasis shares  gain  3.27% as Sensex  rises
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Shares of MphasiS Ltd. traded 3.27 per cent up at Rs 2940.55 at 10:00AM (IST) on Monday, even as BSE benchmark Sensex gained 280.35 points to 81968.8. The scrip had closed at Rs 2847.4 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 3186.95 and Rs 2068.45, respectively.

As per BSE data, total traded volume on the counter till 10:00AM (IST) stood at 10:00AM shares with turnover at Rs 3.92 crore.

At the current price, the stock trades at 35.8 times its trailing 12-month EPS of Rs 82.67 per share and 5.13 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

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The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.25. Shareholding Details
Promoters held 40.35 per cent stake in the company as of 30-Jun-2024, while FIIs owned 18.31 per cent and DIIs 35.58 per cent.

Tags: BSEGainMphasismphasis ltdMphasis share priceNiftynserisessensexsharesStocks in news
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