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Budget News

  • Mphasis Ltd down for fifth straight session
  • June 09,2023  13:35

  • Mphasis Ltd is down for a fifth straight session today. The stock is quoting at Rs 1855.75, down 0.43% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 18603.6. The Sensex is at 62752.89, down 0.15%.Mphasis Ltd has lost around 0.54% in last one month.Meanwhile, Nifty FMCG index of which Mphasis Ltd is a constituent, has increased around 1.17% in last one month and is currently quoting at 28591.1, down 0.59% on the day. The volume in the stock stood at 2.46 lakh shares today, compared to the daily average of 4.91 lakh shares in last one month.

    The benchmark June futures contract for the stock is quoting at Rs 1856, down 0.2% on the day. Mphasis Ltd tumbled 26% in last one year as compared to a 14.82% rally in NIFTY and a 2.38% fall in the Nifty FMCG index.

    The PE of the stock is 24.85 based on TTM earnings ending March 23.

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