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New Delhi: The share price of MphasiS Ltd. gained 3.72 per cent to Rs 2655.35 at 10:15 AM (IST) in Friday’s trade. The scrip hit a high of Rs 2709.0 and a low of Rs 2603.05 so far during the session. The stock had closed at Rs 2559.95 in the previous session.
The counter had a total traded volume of 10:15 AM shares so far with a turnover of Rs 4.02 crore on BSE. The stock traded at a price-to-earnings multiple of 32.19 and a price-to-book ratio of 5.13.
A higher price-to-earnings ratio shows investors are willing to pay a higher price per rupee earnings given by the stock because of better future growth expectations.
The 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.
MphasiS Ltd. belongs to the IT Consulting & Software – Mid Cap industry.
Promotor/FII Holding
Promoters held a 55.45 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors’ ownership stood at 14.84 per cent and 24.41 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 3476.23 crore for the quarter ended 31-Mar-2024, up 2.48 per cent from the previous quarter’s Rs 3392.19 crore and up 2.13 per cent from the year-ago quarter’s Rs 3403.82 crore.
Its profit for the latest quarter stood at Rs 393.22 crore, down 2.98 per cent from the same quarter a year ago.
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