MPHASIS Share Price Up by 5%; BSE IT Index Up 0.8%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

MPHASIS Share Price Up by 5%; BSE IT Index Up 0.8%
Fri, 11 Jun 10:30 AM

MPHASIS share price has zoomed 5% and is presently trading at Rs 2,069.

Meanwhile, the BSE IT Index is at 28,509 (up 0.8%).

Among the top Gainers in the BSE IT Index today are MPHASIS (up 5.0%) and ECLERX SERVICES (up 20.0%).

WIPRO (down 0.4%) and FIRSTSOURCE SOLUTIONS (down 3.6%) are among the top losers today.

Over the last one year, MPHASIS has moved up from Rs 886 to Rs 2,069, registering a gain of Rs 1,183 (up 132.8%).

On the other hand, the BSE IT has moved up from 14,747 to 28,509, registering a gain of 13,762 points (up 93.3%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 771.4%), TATA ELXSI (up 357.2%) and PERSISTENT SYSTEMS (up 335.5%).

Watch: Predict Stock's Next Move Using Volumes

What About the Benchmark Indices?

The BSE Sensex is at 52,627 (up 0.5%).

The top gainers among the BSE Sensex stocks today are POWER GRID (up 2.1%), RELIANCE IND. (up 1.5%) and BAJAJ FINANCE (up 1.3%). Other gainers include HCL TECHNOLOGIES (up 1.0%) and TATA STEEL (up 1.0%). The most traded stocks in the BSE Sensex are ONGC and POWER GRID.

In the meantime, NSE Nifty is at 15,836 (up 0.5%). The top gainers in the NSE Nifty include COAL INDIA (up 4.5%), BAJAJ FINANCE (up 2.2%) and POWER GRID (up 2.2%). Other gainers include RELIANCE IND. (up 1.4%) and DR. REDDYS LAB (up 1.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,957 to 52,627, registering a gain of 18,670 points (up 54.80%).

MPHASIS Financial Update...

MPHASIS net profit stood at Rs 3 billion for the quarter ended December 2020, compared to a profit of Rs 3 billion a year ago. Net Sales rose 8.7% to Rs 24.7 billion during the period as against Rs 22.8 billion in October-December 2019.

For the year ended March 2019, MPHASIS reported 26.2% increase in net profit to Rs 10.7 billion compared to net profit of Rs 8.5 billion during FY18.

Revenue of the company grew 18.1% to Rs 77 billion during FY19.

The current Price to earnings ratio of MPHASIS, based on rolling 12 month earnings, stands at 30.7x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "MPHASIS Share Price Up by 5%; BSE IT Index Up 0.8%". Click here!

  

Stock Market Updates

Sensex Ends 139 Points Higher; ICICI Bank, Wipro and ITC Among Top Nifty Gainers (Today's Market)

Jul 23, 2021 Closing

Indian share markets witnessed positive trading activity throughout the day today and ended higher.

Sensex Trades Marginally Higher, Dow Futures Up by 85 Points (Today's Market)

Jul 23, 2021 12:30 pm

BSE Sensex is trading up by 180 points, while the NSE Nifty is up by 45 points.

Sensex Opens Marginally Lower; L&T and Bajaj Finance Top Losers (Today's Market)

Jul 23, 2021 09:30 am

Indian share markets open marginally lower. The BSE Sensex opened down by 151 points, while the Nifty is trading lower by 42 points.

PERSISTENT SYSTEMS Share Price Up by 6%; BSE IT Index Up 0.4% (Today's Market)

Jul 23, 2021 09:38 AM

PERSISTENT SYSTEMS share price is trading up by 6% and its current market price is Rs 3,081. The BSE IT is up by 0.4%. The top gainers in the BSE IT Index are PERSISTENT SYSTEMS (up 5.8%) and MPHASIS (up 9.0%). The top losers are FIRSTSOURCE SOLUTIONS (down 0.4%) and L&T TECHONOLOGY (down 0.8%).

WIPRO at All Time High; BSE IT Index Up 0.4% (Today's Market)

Jul 23, 2021 09:38 AM

WIPRO share price has hit an all time high at Rs 590 (up 0.3%). The BSE IT Index is up by 0.4%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.3%) and COFORGE (up 1.0%). The top losers include HEXAWARE TECHNOLOGIES and FIRSTSOURCE SOLUTIONS (down 0.4%).

TATA STEEL at All Time High; BSE METAL Index Up 0.3% (Today's Market)

Jul 23, 2021 09:38 AM

TATA STEEL share price has hit an all time high at Rs 1,295 (up 1.1%). The BSE METAL Index is up by 0.3%. Among the top gainers in the BSE METAL Index today are TATA STEEL (up 1.1%) and JSW STEEL (up 0.2%). The top losers include COAL INDIA (down 0.1%) and NMDC (down 0.1%).

View More Indian Share Market News

Most Popular

A 25 Bagger Indian Stock at the Centre of the Global Semiconductor Chip Shortage(Profit Hunter)

Jul 13, 2021

One technology company in India is grossly underrated despite its dominant role in semiconductor chip designing.

RBI Opens a New Market for Investors(Fast Profits Daily)

Jul 16, 2021

You now have a new way to create wealth. Grab it with both hands.

OPEC is Dying! RIP OPEC(Fast Profits Daily)

Jul 13, 2021

Why the global oil cartel is unravelling and how India stands to gain.

A Better Way than the Zomato IPO to Play the Food Delivery Megatrend(Profit Hunter)

Jul 14, 2021

A unique backdoor way of making big profits from smallcap companies.

Top 3 Risks for the Nifty Today(Fast Profits Daily)

Jul 12, 2021

Don't ignore the risks to the Nifty that are hiding in plain sight.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Jul 23, 2021 (Close)

MARKET STATS