SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mphasis edges higher on signing deal with The Ardonagh Group

07 Aug 2019 Evaluate

Mphasis is currently trading at Rs. 964.90, up by 1.90 points or 0.20% from its previous closing of Rs. 963.00 on the BSE.

The scrip opened at Rs. 963.50 and has touched a high and low of Rs. 969.45 and Rs. 958.80 respectively. So far 1491 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1278.00 on 03-Sep-2018 and a 52 week low of Rs. 855.00 on 17-Jan-2019.

Last one week high and low of the scrip stood at Rs. 969.45 and Rs. 905.35 respectively. The current market cap of the company is Rs. 17989.79 crore.

The promoters holding in the company stood at 52.23%, while Institutions and Non-Institutions held 37.92% and 9.84% respectively.

Mphasis has signed a multi-year deal with The Ardonagh Group, the UK's largest independent insurance intermediary with global reach. The scope of the service provision includes management of hybrid cloud infrastructure, network services, service desk, desktop engineering and security services.

Mphasis will deliver tailored infrastructure services across various parts of The Ardonagh Group (including Towergate Insurance and Geo Underwriting), and leverage Microsoft's Azure cloud platform across several applications. It will also use InfraGenie, its integrated service management and automation platform, that enables management of hybrid IT infrastructure.

Mphasis is a global service provider, delivering technology based solutions across industries, including Banking & Capital Markets, Insurance, Manufacturing, Media & Entertainment, Telecom, Healthcare, Life Sciences, Travel & Transportation, Hospitality, Retail & Consumer Goods, Energy & Utilities, and Governments around the world.


Mphasis Share Price

2214.95 25.10 (1.15%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2394.85
Infosys 1179.20
HCL Tech. 1198.60
Wipro 197.95
Tech Mahindra 1463.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×